The cost of living index in Camby, IN, is notably lower than the nationwide average of 100. Specifically, the overall cost of living in Camby stands at 88, reflecting a 12% reduction compared to the national average. This lower cost of living makes Camby an attractive option for job seekers looking to maximize their purchasing power.
Breaking down the categories, housing costs in Camby are 18% below the national average, while groceries and miscellaneous expenses are 12% and 13% lower, respectively. Utilities and transportation costs are slightly higher, at 95 and 90, but healthcare costs remain close to the national average at 92. This balanced distribution suggests that residents can enjoy a more affordable lifestyle in many key areas.
The cost of living index in Camby, Indiana, presents a favorable comparison to the nationwide average. Housing costs in Camby stand at 82, which is 18% lower than the national average of 100. This suggests that residents in Camby can expect to spend less on housing compared to the average American. Additionally, groceries in Camby are priced at 88, which is 12% below the national average. This indicates that purchasing everyday food items is more affordable in Camby.
Utilities in Camby are slightly higher, with an index of 95, representing a 5% increase over the national average. This means that while utilities are not as cheap as housing and groceries, they remain relatively close to the average. Transportation costs in Camby are at 90, which is 10% below the national average. This suggests that commuting and other transportation-related expenses are more affordable. Healthcare costs in Camby are at 92, which is 2% below the national average, indicating that healthcare expenses are nearly on par with the rest of the country. Miscellaneous costs in Camby are at 87, which is 13% lower than the national average, showing that other expenses are also more affordable. Overall, the cost of living in Camby, IN, offers a mix of lower and comparable costs, making it an attractive option for those seeking a balanced living situation.