The cost of living index in Charles City, IA, shows a generally lower cost compared to the nationwide average, which is set at 100. Housing costs in Charles City are notably 25% lower than the national average, while groceries and utilities are slightly below the average at 90% and 85%, respectively.
Transportation and healthcare costs in Charles City are also below the average, at 80% and 95%, respectively. Miscellaneous expenses are slightly higher, at 88%. Overall, Charles City offers a more affordable living environment in several key areas.
The cost of living in Charles City, IA, presents a favorable comparison to the nationwide average, which is set at 100. Housing costs in Charles City stand at 75, which is 25% lower than the national average. This makes housing one of the most affordable aspects of living in the city. For job seekers, this means they can find more comfortable living arrangements without a significant portion of their income going towards rent or mortgage payments.
Other living expenses in Charles City also show a positive trend. For instance, groceries cost 90, which is 10% lower than the national average. Utilities are priced at 85, which is 15% below the average. Transportation costs are at 80, meaning they are 20% less expensive than in other areas. Healthcare costs are slightly higher at 95, but still only 5% above the average. Miscellaneous expenses are at 88, which is 12% lower than the national average. Overall, Charles City offers a cost of living that is competitive and often more affordable than the national average.