Chanute, KS, boasts a cost of living index that is notably below the nationwide average. The overall cost of living in Chanute stands at 84, which means it costs 16% less than the national average of 100. This lower cost index makes Chanute an attractive option for individuals seeking more affordable living conditions without sacrificing essential services.
Breaking down the various categories, Chanute shows significant savings in housing, with an index of 75, which is 25% lower than the average. Other categories like groceries and utilities also present good value, though healthcare costs slightly exceed the average at 95. This mix provides a balanced view of affordability across different living expenses.
Chanute, KS, offers a cost of living that varies from the nationwide average. The cost of housing in Chanute is notably lower, sitting at 75 on the cost of living index. This means housing costs about 25% less than the average nationwide. People moving to Chanute can expect to spend significantly less on rent or mortgage payments, making it an attractive option for those looking to cut down on living expenses.
Other expenses in Chanute also compare favorably to the national average. Groceries cost 90 on the index, indicating they are 10% less expensive than the nationwide average. Utilities and transportation follow closely with 85 and 80, respectively, showing a reduction of 15% and 20% compared to the national norms. Healthcare costs, however, are slightly higher at 95, which means they are 5% more than average. Miscellaneous costs stand at 88, suggesting an 12% lower expense than the national average. Overall, Chanute presents a cost of living that is favorable for many expense categories.