The cost of living index in Bishop, CA, shows that housing costs are 25% higher than the nationwide average. This increase is due to the higher housing index of 125 compared to the baseline of 100. Other categories like groceries and utilities also show slight increases, while transportation and miscellaneous costs are lower. Overall, the cost of living in Bishop, CA, reflects a balanced mix of higher and lower expenses compared to the national average.
Bishop, California, has a cost of living index that is higher than the nationwide average in several key areas. Housing costs in Bishop stand at 125, which is 25% higher than the national average. This means that the price of housing in Bishop is significantly more than what people might pay in other parts of the country. Groceries also cost more, with an index of 105, reflecting a 5% increase over the national average. This indicates that everyday food items are slightly more expensive in Bishop.
Utilities in Bishop are also above the national average, with an index of 110. This represents a 10% increase, showing that expenses for electricity, gas, and water are higher than in many other areas. Transportation costs, however, are slightly lower, with an index of 95, which is 5% below the national average. This suggests that commuting and other transportation-related expenses might be more affordable in Bishop compared to the rest of the country. Healthcare costs in Bishop match the national average, with an index of 100, indicating no significant difference in this area. Miscellaneous costs are also lower, with an index of 90, showing a 10% decrease from the average. This suggests that other everyday expenses might be less expensive in Bishop.