The cost of living in Chino Valley, AZ, is notably lower than the nationwide average. Specifically, the overall cost of living index for Chino Valley stands at 94, which is 6% below the national average of 100. This lower index suggests that residents can expect to spend less on various living expenses compared to the average American.
Chino Valley's housing index of 90 is 10% below the national average, making it a more affordable option for housing. Additionally, groceries, utilities, transportation, healthcare, and miscellaneous expenses are also slightly lower, with indices of 95, 98, 97, 92, and 94, respectively. These figures indicate that Chino Valley offers a more budget-friendly living environment.
The cost of living index in Chino Valley, AZ, presents a favorable comparison to the nationwide average. With a national average set at 100, Chino Valley's housing index stands at 90, indicating that housing costs are 10% lower than the national average. This reduction in housing expenses can be a significant advantage for job seekers looking to maximize their budget.
Chino Valley also shows competitive costs in other areas. Groceries cost 95, which is 5% lower than the national average. Utilities are slightly above average at 98, making them just 2% higher. Transportation costs are at 97, which is 3% lower. Healthcare costs are at 92, meaning they are 8% lower. Miscellaneous costs are at 94, which is 6% lower. Overall, Chino Valley offers a cost-effective living environment with most expenses below the national average.