The cost of living index in Camby, IN, shows a lower expense compared to the nationwide average. Specifically, the overall cost of living is 90% of the national average. This suggests that residents in Camby may spend slightly less on daily necessities.
When breaking down the categories, most expenses are also below the national average. Housing costs 87% of the average, groceries 92%, utilities 95%, transportation 91%, healthcare 88%, and miscellaneous items 86%. This data highlights Camby's affordability relative to other parts of the country.
The cost of living in Camby, IN, offers a relatively affordable lifestyle for those looking to relocate or considering new job opportunities in the area. According to the latest cost of living index, Camby's overall cost of living stands at 90, which is 10% lower than the nationwide average of 100. This makes housing, groceries, utilities, transportation, healthcare, and miscellaneous goods and services less expensive compared to other areas in the country.
When breaking down the specific areas, Camby exhibits modest savings. Housing, which often represents a significant portion of living expenses, has an index of 87, meaning it costs 13% less than the national average. Groceries follow closely with an index of 92, showing a modest 8% decrease. Utilities, at 95, and transportation, at 91, indicate only slightly lower costs at 5% and 9%, respectively. Healthcare, standing at 88, and miscellaneous expenses at 86, each provide about a 12% reduction. All these factors contribute to Camby's overall lower cost of living, making it an attractive option for budget-conscious individuals.
