The cost of living index in Cabot, AR, shows that residents generally spend less on several major expenses compared to the nationwide average. Housing, for example, costs 25% less, with an index of 75. Even groceries, though slightly higher than average, come in at 90, indicating a modest 10% increase.
The transportation and utilities indices stand at 80 and 85, respectively, showing an 8% lower cost for transportation and a 5% lower cost for utilities. Healthcare costs are slightly above average at 95, which is a 5% increase. Overall, Cabot offers a more affordable living experience with many expenses being lower than the national average.
Cabot, Arkansas, has a cost of living that varies from the nationwide average in several categories. Housing costs in Cabot stand at 75 on the index scale, which means it costs 25% less than the national average. This lower housing cost can be an attractive option for job seekers looking to save on living expenses.
Other aspects of living in Cabot also show differences from the national average. Groceries cost 90 on the index, meaning they are 10% cheaper than average. Utilities are 85 on the index, which is 15% less than the national average. Transportation costs in Cabot are 80, which is 20% below the nationwide average. Healthcare, at 95 on the index, is 5% more expensive than the average. Miscellaneous costs are 88, indicating an 12% lower expense in this area. Overall, Cabot offers a blend of both lower and slightly higher costs across different categories, making it a diverse option for those considering relocation.
