Clearfield, PA, features a cost of living index that is slightly below the nationwide average of 100. Specifically, the cost of living in Clearfield is 92% of the average, indicating it is affordable. Housing and transportation, in particular, are cheaper at 85%, whereas utilities and miscellaneous expenses hover around 90% to 92%. This combination suggests that while some areas like healthcare match the average, others offer savings for residents.
Clearfield, PA, offers a cost of living that is slightly below the nationwide average. The housing index, a major expense for many, stands at 85 in Clearfield, which is 15% lower than the national average of 100. This means residents can potentially save on their housing costs when compared to the average American.
Other essential expenses also reflect Clearfield's lower cost of living. Groceries, which make up 95% of the national index, are more affordable in Clearfield, providing a 5% discount. Utilities, at 90%, are 10% cheaper than the national average, offering additional savings. Transportation costs, at 85%, are 15% below the average, allowing for further financial relief. Despite healthcare costs matching the national index at 100%, the overall lower cost of living in Clearfield can lead to significant savings in other areas.
