The cost of living in Bradford, PA, is notably lower than the nationwide average, which stands at 100. The overall cost of living index for Bradford is 88, reflecting a 12% reduction. This makes Bradford an attractive option for those seeking a more affordable lifestyle without compromising on essential services.
Each category in the cost of living index contributes to this overall figure. Housing costs in Bradford are 18% below the national average, groceries are 10% less expensive, and utilities are just 5% above average. While transportation and healthcare costs are slightly lower, miscellaneous expenses are 2% below the national average. This detailed breakdown shows that Bradford offers a cost-effective living environment across multiple sectors.
Bradford, PA, exhibits a cost of living index that provides a significant advantage for job seekers and residents. Housing costs in Bradford stand at 82, which is 18% lower than the nationwide average. This means that, compared to other areas in the country, housing expenses in Bradford are more affordable, allowing residents to allocate their budgets more effectively.
Additionally, groceries in Bradford have a cost of living index of 90, which is 10% lower than the national average. This presents a beneficial scenario for those who need to buy food regularly. Utilities in Bradford, with an index of 95, are just 5% above the national average, offering a slight increase in cost but still remaining relatively moderate. When considering transportation, the index of 85 reflects an advantage, with costs being 15% lower than the national average. These factors collectively contribute to a lower overall cost of living, making Bradford a cost-effective place to reside for professionals and families alike.