The cost of living index in American Falls, Idaho, shows a generally lower cost compared to the nationwide average, which is set at 100. Housing costs in American Falls are 15% below the national average, with an index of 85. This suggests that housing expenses are notably more affordable in American Falls.
Other categories like groceries, utilities, and healthcare also fall below the national average, though not as significantly. Groceries have an index of 97, utilities at 95, and healthcare at 92. Transportation and miscellaneous costs are slightly above the national average, with indices of 98 and 89, respectively. These figures indicate that while some living expenses are cheaper, others are comparable to or slightly higher than the national average.
The cost of living in American Falls, Idaho, presents a mix of affordability and slight increases compared to the nationwide average. Housing costs in American Falls stand at 85 on the cost of living index, which is 15% lower than the national average of 100. This suggests that residents can find housing that is more affordable, potentially saving a significant portion of their income.
Other expenses also show varying degrees of affordability. For instance, groceries cost 97 on the index, which is 3% less than the average. Utilities are at 95, which is 5% below the average, indicating minor savings in these areas. Transportation costs are slightly higher, at 98, which is 2% above the national average. Healthcare costs are at 92, which is 8% lower than the average, offering another area of savings. Miscellaneous expenses are at 89, which is 11% lower than the average, providing additional savings for residents. Overall, American Falls offers a cost of living that is generally lower than the national average, making it an attractive option for those looking to manage their expenses effectively.