Bellefonte, Pennsylvania, presents a cost of living that is generally lower than the nationwide average, which is set at 100. Specifically, the housing index stands at 85, indicating that housing costs are 15% below the national average. Although some categories like groceries and utilities also hover around the average, overall, Bellefonte offers a more affordable living experience for job seekers. This makes it an attractive option for those looking to minimize their expenses while maintaining a good quality of life.
Bellefonte, Pennsylvania, presents a cost of living that is notably lower than the nationwide average. With a cost of living index set at 100 for the U.S., Bellefonte's overall index stands at 92, indicating that it costs 8% less to live there. This reduction is primarily driven by lower housing costs, as the Housing index for Bellefonte is 85, showing a 15% decrease from the national average. People looking to purchase or rent a home will find it more affordable compared to other areas in the country.
When breaking down individual categories, Bellefonte offers a mix of both higher and lower costs. For instance, while groceries are slightly cheaper at a 95 index (5% less), utilities and transportation are just as expensive, with each category at 90, or 10% below the national average. Healthcare costs are on par with the national average, holding an index of 100. This balance makes Bellefonte a potentially attractive place for those seeking a more economical lifestyle without sacrificing essential services.
