The cost of living index in Albia, IA, shows that residents can expect to spend less on certain essentials compared to the nationwide average. Housing costs, for example, are 25% lower, while groceries and healthcare costs are close to the average, at 90% and 98%, respectively. Utilities and transportation costs are slightly higher, at 95% and 85% of the national average, respectively. Overall, Albia presents a cost of living that is 8% below the nationwide average.
Albia, IA, presents an attractive cost of living that stands out for potential residents and job seekers. Compared to the nationwide average of 100, Albia's housing index is notably lower at 75. This means housing costs about 25% less than the average in other areas. While housing is more affordable, the grocery index of 90 indicates that food costs are about 10% less than the national average.
Additionally, Albia's utilities index is slightly above the average at 95, reflecting a 5% increase in utility costs. Transportation costs are also slightly higher, with an index of 85, which translates to about a 15% lower cost than the nationwide average. Healthcare, on the other hand, is close to the national average at 98, suggesting minimal difference in healthcare expenses. Miscellaneous expenses sit at 92, indicating a 8% increase over the average. Overall, Albia offers a balanced mix of lower housing and transportation costs while keeping other expenses relatively close to the national average.
