The cost of living index in Cabot, AR, stands at 90, which is slightly below the nationwide average of 100. This means that, overall, living expenses in Cabot are 10% less than the national average. Specifically, Cabot's housing costs are 15% lower, while groceries, utilities, transportation, healthcare, and miscellaneous expenses remain close to the average, with only minor variations.
The cost of living in Cabot, AR, offers attractive benefits for those considering a move. Housing costs, for example, stand at 85 on the cost of living index. This is 15% lower than the nationwide average of 100, suggesting that housing expenses in Cabot are quite affordable. This lower housing index makes it easier for residents to manage their living costs without breaking the bank.
In addition to housing, other essential expenses also remain below the national average. Groceries in Cabot are priced at 95 on the index, which is 5% lower than the average. Utilities, at 90, are 10% lower, and transportation costs, at 92, are just 8% below the national average. Healthcare costs are 12% lower, with a cost of living index of 88, and miscellaneous expenses at 86 are 14% lower. These savings across various categories create a more budget-friendly environment, making Cabot a compelling choice for those looking to improve their cost of living.
