Chubbuck, ID, exhibits a cost of living index that is notably below the nationwide average of 100. Specifically, the overall cost of living in Chubbuck is 93, which is 7% lower than the national average. This discrepancy primarily stems from lower housing costs, which stand at 85. However, categories such as groceries, transportation, and healthcare are close to or slightly above the average, indicating a balanced cost of living in various sectors.
The cost of living index in Chubbuck, ID, reveals some interesting comparisons to the nationwide average, which is set at 100. In Chubbuck, housing costs are notably lower, at 85, which means housing expenses are 15% less than the national average. This reduction can make housing one of the more affordable aspects of living in Chubbuck, potentially freeing up funds for other needs.
When examining other essential expenses, the cost of groceries in Chubbuck stands at 95, just 5% below the national average. This makes groceries relatively competitive in price compared to other areas. Utilities in Chubbuck are also slightly lower, at 90, which is 10% less than the national norm. Transportation costs are slightly above average at 95, reflecting a minor increase. Healthcare costs are slightly higher, at 98, while miscellaneous expenses are at 92, only 8% below the national average. These factors combined suggest that while some costs in Chubbuck are lower, others are comparable or slightly higher than the nationwide benchmarks.