Cape Canaveral, FL, has a cost of living index that varies slightly from the nationwide average of 100. Housing costs 5% less, while groceries are 5% more expensive. Utilities also sit at 5% below the national average, but transportation expenses are 10% higher. Healthcare costs are notably lower, at 10% less. Miscellaneous expenses remain in line with the national average. Overall, Cape Canaveral offers a mix of lower and higher expenses compared to the nationwide average.
The cost of living in Cape Canaveral, Florida, presents some interesting differences compared to the nationwide average. Housing costs are slightly lower, with an index of 95. This means Cape Canaveral residents pay about 5% less for housing than the national average. While this might seem like a small difference, it can add up over time.
In contrast, transportation costs are higher in Cape Canaveral, with an index of 110. This indicates that expenses related to transportation are about 10% higher than the national average. Other areas like groceries and utilities closely match the national average, with indexes of 105 and 95, respectively. Healthcare costs are notably lower, with an index of 90, meaning they are 10% less expensive than average. Miscellaneous expenses hold steady at the national average with an index of 100. These variations offer a comprehensive view of what living in Cape Canaveral might cost compared to the rest of the country.
