The cost of living index in Charles City, IA, shows a generally lower cost compared to the nationwide average of 100. Housing costs in Charles City are 25% lower, while groceries are 5% less expensive. Utilities, transportation, and miscellaneous expenses are also slightly below the national average, ranging from 10% to 20% lower. Healthcare costs, however, match the national average. This data suggests that living in Charles City can be more affordable 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, indicating that residents can expect to pay 25% less than the national average. This reduction in housing expenses can be a significant advantage for those relocating or considering a move to Charles City.
Additionally, the grocery index in Charles City is at 95, which is 5% less than the national average. This means that everyday food purchases are slightly cheaper compared to the rest of the country. Utilities, another essential expense, are priced at 90, reflecting a 10% savings. Transportation costs are also lower, with an index of 85, meaning residents spend 15% less on commuting and other transportation needs. Healthcare costs remain at par with the national average at 100, ensuring that medical expenses are consistent with the rest of the country. Miscellaneous costs, which include items like clothing and entertainment, are at 80, offering a 20% reduction. Overall, Charles City provides a cost-effective living environment with several key expenses below the national average.
