The cost of living in Albia, IA, is notably lower than the nationwide average, with an overall index of 84. This means residents generally spend 16% less on living expenses compared to the average American. The housing index of 70 stands out as the most significant contributor to this lower cost, while other categories like groceries and healthcare remain close to the national average.
Albia, IA, has a cost of living index that offers a mix of affordability and moderate expenses compared to the nationwide average. The housing index in Albia stands at 70, which is 30% lower than the national average. This means that housing costs in Albia are significantly more affordable, making it an attractive option for those looking to save on their living expenses.
In addition to housing, Albia's grocery costs are slightly above the national average, with an index of 90. This represents a 10% increase, indicating that while groceries are not overly expensive, they are not as cheap as one might find in other areas. Utilities, transportation, healthcare, and miscellaneous costs also reflect a similar trend. Utilities are at 85, a 5% increase, while transportation costs are at 80, which is 20% lower than the national average. Healthcare costs are slightly higher at 95, a 5% increase, and miscellaneous costs are at 88, an 8% increase. Overall, Albia provides a balanced cost of living that is generally lower than the national average, making it an appealing choice for many job seekers.
