Bagley, MN, has a cost of living index that is slightly below the nationwide average. The overall cost of living index for Bagley stands at 91, which is 9% lower than the national average of 100. This means that, on average, residents in Bagley can expect to pay less for their housing, groceries, utilities, transportation, healthcare, and miscellaneous expenses compared to the average American.
Bagley's lower cost of living makes it an attractive option for those looking to reduce their expenses without sacrificing quality of life.
Bagley, MN, presents a cost of living that is notably lower than the nationwide average, which is set at 100. The housing index in Bagley stands at 85, indicating that housing costs are 15% lower than the average. This makes Bagley a more affordable option for those seeking to purchase or rent a home. Additionally, the groceries index is at 92, which means that grocery expenses are 8% lower than the national average. This affordability extends to other areas as well, with utilities at 98, transportation at 90, healthcare at 95, and miscellaneous costs at 88. Each of these categories shows that Bagley offers a cost of living that is slightly below or very close to the national average, making it an attractive location for those looking to manage their expenses effectively.
When comparing the cost of living in Bagley, MN, with the national average, several categories show a favorable trend. The transportation index at 90 suggests that commuting and vehicle-related costs are 10% lower than the average. Healthcare costs are also slightly below average, with an index of 95, meaning they are 5% less expensive. Miscellaneous costs, which include items like entertainment and personal care, are at 88, indicating a 12% reduction compared to the national average. Overall, Bagley provides a cost of living that is generally lower than the nationwide average, offering potential savings in various essential areas.
