The cost of living index in Albia, IA, shows a generally lower cost of living compared to the nationwide average. Housing costs are 25% lower, while groceries, utilities, transportation, healthcare, and miscellaneous expenses are slightly below or close to the national average. This makes Albia an attractive option for those seeking a more affordable lifestyle.
The cost of living in Albia, IA, presents a favorable comparison to the nationwide average, which is set at 100. Housing costs in Albia stand at 75, indicating a 25% reduction from the national average. This lower housing index makes Albia an attractive option for those seeking more affordable living arrangements without sacrificing quality.
Additionally, Albia's grocery costs are at 90, which is 10% below the national average. This modest difference suggests that residents can enjoy a similar quality of food at a slightly reduced price. Utilities in Albia are priced at 95, just 5% above the national average, making them nearly on par with the rest of the country. Transportation costs are at 80, which is 20% lower than the national average, offering significant savings for those who rely on personal vehicles. Healthcare costs in Albia are at 85, which is 15% below the national average, providing another area where residents can save. Finally, miscellaneous costs, which include items like entertainment and personal care, are at 88, which is 12% less than the national average. Overall, Albia offers a cost of living that is competitive and often more affordable than the national average.