Aledo, TX, showcases a cost of living that is generally below the nationwide average. The housing index stands at 80, which is 20% less than the national average of 100. Despite this, utilities, groceries, and transportation hover slightly above the national average, with utilities and groceries at 95%, and transportation at 90%.
This mix results in an overall cost of living index for Aledo, TX, that is about 91% of the nationwide average. Job seekers can expect housing costs to be notably lower, while other daily expenses remain relatively close to the national norms.
Aledo, Texas, presents a cost of living that is generally lower than the nationwide average. According to the data, the housing index in Aledo is 80, which is 20% below the national average. This suggests that living expenses related to housing are more affordable in Aledo compared to most areas across the country. Residents can expect to pay less for housing, providing a potential financial advantage for those relocating or considering long-term stays.
Additionally, the miscellaneous cost index in Aledo stands at 85, which is 15% lower than the average. This reduction indicates that everyday expenses outside housing, groceries, utilities, transportation, and healthcare are also less costly. Furthermore, the transportation index is 90, which is 10% lower, and the utilities index is 95, only 5% lower, which shows that these categories remain close to the national average. Groceries also follow closely with a 95 index, only 5% below the average, suggesting that food costs are nearly on par with the rest of the nation. Overall, Aledo offers a balanced mix of lower housing and miscellaneous costs, making it an attractive option for those seeking a lower cost of living.