Albion, NY, has a cost of living index that is slightly lower than the nationwide average. The overall cost of living index for Albion stands at 89, which is 11% below the national average of 100. This means that, on average, residents in Albion can expect to pay less for most goods and services compared to the rest of the country.
Specifically, Albion's housing costs are 15% below the national average, while groceries and utilities are just 8% and 5% below, respectively. Transportation costs are 10% lower, healthcare costs are 12% lower, and miscellaneous expenses are 13% lower. This data suggests that Albion offers a more affordable living environment in several key areas.
Albion, NY, presents a cost of living that is notably lower than the nationwide average. The housing index in Albion stands at 85, which is 15% below the average. This means that housing expenses in Albion are more affordable, offering potential savings for residents. Similarly, groceries cost 92 in Albion, which is 2% below the average, indicating that food expenses are slightly cheaper here.
Utilities in Albion are priced at 95, just 5% above the national average. This slight increase suggests that while utilities are relatively affordable, they are not as cheap as housing or groceries. Transportation costs in Albion are at 90, which is 10% below the average, making it easier for residents to manage their commute expenses. Healthcare costs are also slightly lower, with an index of 88, which is 12% below the average, offering potential savings in medical expenses. Overall, Albion provides a cost of living that is generally more favorable compared to the national average.