Broadway, VA, shows a cost of living index that is slightly lower than the nationwide average, which is set at 100. Housing costs in Broadway are 15% below the average, while groceries and healthcare are 10% below. Utilities and transportation match the average, but miscellaneous items are 20% lower. This makes Broadway a potentially more affordable place for job seekers.
Broadway, VA, presents a cost of living that is notably lower than the nationwide average, which is set at 100. Housing costs in Broadway stand at 85, indicating that residents can expect to pay 15% less than the national average. This reduction in housing expenses can be a significant advantage for those looking to settle in Broadway, as it allows for more disposable income to be allocated to other necessities or savings.
Additionally, the cost of groceries in Broadway is slightly below the average, with an index of 90. This means that grocery expenses are 10% lower than the national average. Utilities, which include electricity, gas, and other services, are also at 95, showing a 5% decrease. Healthcare costs, crucial for maintaining well-being, are at 95, indicating a minimal 5% reduction. Transportation costs are on par with the national average, with an index of 100, suggesting no significant difference in this expense. Miscellaneous costs, which cover various other expenses, are at 80, representing a 20% savings compared to the national average. Overall, Broadway offers a cost of living that is 15% lower than the national average, making it an attractive option for those seeking affordability.