Cabot, AR, has a cost of living index that is notably lower than the nationwide average. The overall cost of living in Cabot stands at 89, which is 11% below the national average of 100. This lower cost of living makes Cabot an attractive option for job seekers looking to reduce their expenses while maintaining a good quality of life.
Specifically, housing costs in Cabot are 22% below the national average, with an index of 78. Groceries, utilities, and healthcare also show lower costs, with indices of 92, 95, and 89, respectively. This trend suggests that residents can enjoy a more affordable lifestyle in Cabot compared to the national average.
Cabot, Arkansas, offers a cost of living that is notably lower than the nationwide average. The housing index in Cabot stands at 78, which is 22% below the average of 100. This means that housing expenses in Cabot are significantly more affordable compared to the rest of the country. For job seekers, this lower housing cost can translate into a higher quality of life, as more of their income can be allocated to other necessities and savings.
In addition to housing, Cabot's other cost of living categories also show favorable comparisons. Groceries cost 92, which is 8% below the average, while utilities are priced at 95, just 5% above the average. Transportation costs are slightly higher at 97, which is 3% above the average. Healthcare costs in Cabot are 89, which is 11% below the average, and miscellaneous expenses are at 85, 15% below the average. Overall, Cabot provides a cost of living that is 12% below the national average, making it an attractive option for those looking to manage their expenses effectively.
