Cody, WY, offers a lower cost of living compared to the nationwide average. The overall cost of living index in Cody stands at 93, which is 7% below the national average of 100. This lower cost is particularly noticeable in housing, where the index is 85, indicating a 15% reduction from the national average.
In other areas, Cody's cost of living remains close to the national average. For example, groceries cost 97, utilities are at 95, and transportation costs 90. These figures are only slightly below the national average, suggesting that while housing is notably cheaper, other living expenses remain comparable to the rest of the country.
Cody, Wyoming, offers a cost of living that is notably lower than the nationwide average, which is set at 100. Housing costs in Cody stand at 85, which is 15% below the national average. This makes it an attractive option for those looking to save on housing expenses. Additionally, the transportation index is 90, indicating a 10% reduction in transportation costs compared to the national average. These lower costs can significantly ease the financial burden on residents.
In contrast, some categories show costs that are close to the national average. For example, groceries have a cost of living index of 97, which is just 3% below the average. Utilities are at 95, which is 5% below the average, and healthcare costs at 98 are only 2% below the average. Miscellaneous expenses also show a slight decrease, with an index of 92, which is 8% below the average. These figures suggest that while Cody offers savings in some areas, other costs remain relatively comparable to the national average.
