Cody, Wyoming, offers a notably lower cost of living compared to the nationwide average, which is set at 100. Specifically, housing costs in Cody are 25% lower, making it an attractive option for those looking to save on living expenses. Additionally, utilities and groceries in Cody are just 5% below the national average, while healthcare costs are 5% higher. Exploring beyond housing, the data show that the cost of groceries is only 5% below the national average, and utilities are on par with the national average. Transportation costs are slightly lower at 10% below average. These figures paint a picture of Cody as a place where residents can maintain a quality lifestyle at a lower financial commitment.
Cody, Wyoming, presents a cost of living that is notably lower than the nationwide average, which is standardized at 100. The housing index in Cody stands at 75, indicating that housing costs are 25% less than the national average. This reduced cost could be a significant benefit for individuals and families looking to settle in Cody, offering more affordable housing options.
In addition to housing, the groceries index in Cody is 95, meaning residents pay only 5% more for food compared to the average American. Utilities also remain competitive at 95, suggesting a minimal increase over the national average. Transportation costs are slightly below average, with an index of 90, meaning residents spend 10% less on transportation. Healthcare costs, however, are 5% higher than the average, with an index of 105. Miscellaneous expenses follow suit, slightly under the national average at 85, indicating 15% less spending on other goods and services. Overall, Cody presents an attractive cost of living for those prioritizing budget-friendly options.