Bagley, MN, has a cost of living index that is slightly below the nationwide average. The overall index stands at 88, which is 12% lower than the national average of 100. This means that, on average, residents in Bagley can expect to pay less for most goods and services compared to the rest of the country.
Specifically, housing costs in Bagley are 15% below the average, while groceries and utilities are only slightly lower. Transportation costs are 12% below the national average, and miscellaneous expenses are 20% lower. Healthcare costs, however, match the national average. This data suggests that Bagley offers a more affordable living environment for many essential expenses.
Bagley, MN, presents a cost of living that is notably lower than the nationwide average. The housing index in Bagley stands at 85, which is 15% below the national average. This suggests that housing costs in Bagley are more affordable, making it an attractive option for those looking to save on their living expenses. Similarly, the groceries index is at 90, which is 10% below the national average, indicating that food costs are also relatively lower in Bagley.
Additionally, the utilities index in Bagley is 95, which is 5% below the national average. This means that residents can expect to spend slightly less on utilities compared to the average American. Transportation costs in Bagley are at 88, which is 12% below the national average, offering another area where residents can save money. The healthcare index in Bagley matches the national average at 100, ensuring that healthcare costs are comparable to the rest of the country. Lastly, the miscellaneous index is 80, which is 20% below the national average, providing further savings in various other expenses. Overall, Bagley offers a cost of living that is significantly lower than the national average, making it a financially prudent choice for many.
