Cabot, AR, features a cost of living index of 89, slightly below the nationwide average of 100. This indicates that residents can expect to spend about 11% less on their overall living expenses compared to the national average. Individual categories like housing and transportation reflect this trend, with housing at 80% and transportation at 85% of the national cost. However, costs for groceries, healthcare, utilities, and miscellaneous items are closer to the national average, with indexes of 95, 95, 90, and 92, respectively.
The cost of living in Cabot, AR, shows variations when compared to the nationwide average, which is set at 100. Housing stands out as notably affordable, with an index of 80. This means that housing costs in Cabot are 20% lower than the national average. This affordability could be particularly attractive to those looking to minimize their living expenses while still finding comfortable and suitable living spaces.
Moving beyond housing, other aspects of daily life also present cost differences. Groceries in Cabot cost 95% of the national average, indicating only a 5% increase. Utilities are at 90%, which is 10% below the national average. Transportation costs reflect a similar trend, with an index of 85, which is 15% less than the average. Healthcare costs are almost on par with the national average at 95%, reflecting a minor 5% increase. Miscellaneous expenses also hover around the national average, with an index of 92, showing a modest 8% increase. Overall, Cabot offers a relatively affordable living experience across most cost categories.
