The cost of living index in Chanute, KS, stands at 82, slightly below the nationwide average of 100. This index highlights that residents in Chanute experience overall expenses that are 18% less than the national average. Lower costs in areas such as housing and utilities, along with moderate expenses in groceries and transportation, make Chanute a more affordable place to live.
Chanute, Kansas, offers a cost of living that is notably different from the nationwide average. The cost of housing in Chanute stands at 70 on the national index of 100, which means housing costs here are 30% lower than the average. This makes it an attractive option for those looking to save on their housing expenses. For groceries, the cost is slightly below the average at 90, meaning they are just 10% cheaper than the national average. This balance offers a good deal for those who spend a significant portion of their budget on food.
Utilities in Chanute come in at 80 on the index, which is 20% lower than the national average, potentially saving residents on their monthly bills. Transportation costs reflect a small premium, with an index of 85, meaning they are 15% less than the national average. This slight decrease can be a saving grace for those who rely on personal vehicles. Healthcare costs are notably lower at 95 on the index, which translates to a 5% reduction. Additionally, miscellaneous expenses are at 75, which is 25% cheaper compared to the nationwide average. This diverse range of costs presents Chanute as a cost-effective place to live, with several areas offering savings for residents.