Clear Lake, IA, offers a cost of living that is 89% of the nationwide average. This means residents can expect to spend slightly less on most goods and services compared to the national average. Housing costs in Clear Lake are 85% of the average, while groceries are 90% and utilities are 95%. Transportation costs are 80%, and miscellaneous expenses are at 87%. Healthcare costs match the national average at 100%.
Clear Lake, IA, offers a cost of living that is generally lower than the nationwide average. The housing index in Clear Lake stands at 85, which is 15% below the national average. This means that housing costs in Clear Lake are more affordable, making it easier for residents to manage their budgets. Groceries in Clear Lake have an index of 90, which is only 10% below the national average, indicating that food prices are quite comparable to the rest of the country.
Utilities in Clear Lake are slightly above the national average, with an index of 95, representing a 5% increase. This small increase suggests that while utilities are not the cheapest, they are still relatively reasonable. Transportation costs in Clear Lake are 20% below the national average, with an index of 80, offering significant savings for those who rely on personal vehicles. Healthcare costs in Clear Lake match the national average at 100, ensuring that medical expenses are in line with what most Americans experience. Overall, Clear Lake provides a balanced cost of living that is mostly favorable for residents.
