Columbia City, IN, has a cost of living index that is slightly below the nationwide average. The overall cost of living index for Columbia City stands at 91, which is 9% lower than the national average of 100. This means that, on average, residents can expect to pay less for most goods and services compared to the rest of the country.
Specifically, housing costs in Columbia City are 15% lower than the national average, while groceries are only 5% less expensive. Utilities and transportation also mirror the national average, with each category being 10% lower. Healthcare costs remain the same as the national average, and miscellaneous expenses are 8% below the national average. This data suggests that Columbia City offers a more affordable living environment for many essential expenses.
Columbia City, IN, has a cost of living index that offers a favorable comparison to the nationwide average, which is set at 100. Housing costs are notably lower, with an index of 85, meaning that residents can expect to pay 15% less than the national average for housing. This reduction can be a significant advantage for those looking to save on one of the largest expenses in their budget.
In other areas, Columbia City also presents competitive costs. Groceries, for example, have an index of 95, indicating a 5% savings compared to the national average. Utilities and transportation each have an index of 90, which means residents can save 10% on these expenses. Healthcare costs align with the national average at 100, offering no additional savings or costs. Miscellaneous expenses, with an index of 92, suggest a modest 8% savings. Overall, Columbia City provides a cost-effective living environment with several areas below the national average.