Clinton, IN, exhibits a cost of living index that is notably lower than the nationwide average of 100. Specifically, the overall cost of living in Clinton stands at 83, which is 17% below the national benchmark. This reduction primarily stems from lower housing costs, which are 25% below the average, and a relatively minor decrease in healthcare expenses, which are 20% lower.
The other cost components, such as groceries, utilities, transportation, and miscellaneous expenses, are slightly below or close to the national average. Groceries are 15% below, utilities are 10% below, transportation is 8% below, and miscellaneous costs are 18% below the national figures. This data provides job seekers with a clearer picture of potential savings in various living expenses when considering relocating to Clinton, IN.
The cost of living index in Clinton, IN, reveals some notable differences compared to the nationwide average, which is set at 100. Clinton's housing index stands at 75, indicating that housing costs in this area are 25% lower than the national average. This lower cost of living makes it easier for residents to afford their homes and may be an attractive factor for job seekers looking to save on housing expenses.
In other areas, Clinton maintains costs close to the average or slightly below. Groceries cost 85% of the national average, which means they are 15% cheaper. Utilities in Clinton are 90% of the national average, reflecting a slight decrease. Transportation costs, at 88%, are just 2% below the nationwide figure, showing consistency. Healthcare and miscellaneous expenses are also relatively close to the national average, standing at 80% and 82%, respectively. This information provides a clear picture of where expenses may be lower or comparable, helping potential residents make informed decisions.