Cabot, AR, offers a cost of living that is notably lower than the nationwide average. The cost of living index for Cabot stands at 89, which is 11% below the national average of 100. This lower index makes Cabot an attractive option for those seeking more affordable living conditions without sacrificing essential amenities.
Specifically, housing costs in Cabot are 21% below the national average, while groceries, utilities, transportation, healthcare, and miscellaneous expenses are all within 10% of the national average. This balance makes Cabot an appealing choice for professional job seekers looking to manage their budgets effectively.
Cabot, Arkansas, offers a cost of living that is notably lower than the nationwide average. The housing index in Cabot stands at 79, which is 21% below the national average of 100. This suggests that housing expenses in Cabot are significantly more affordable compared to the rest of the country. Job seekers looking to save on housing costs may find Cabot an attractive option.
In addition to housing, Cabot's grocery costs are also slightly lower than the national average. The grocery index is 95, which is 5% below the average. This means that residents can expect to spend less on food compared to the average American. Utilities, transportation, healthcare, and miscellaneous costs also remain close to the national average, with indices of 89, 93, 88, and 92, respectively. These figures indicate that while housing is notably cheaper, other living expenses in Cabot are comparable to those across the country.