Connersville, IN, offers a lower cost of living compared to the nationwide average. The cost of living index is 85.5, which is 14.5% below the national average of 100. This makes housing, groceries, utilities, transportation, healthcare, and miscellaneous expenses more affordable for residents and job seekers in Connersville.
Specifically, housing costs in Connersville are 25% lower than the national average, while groceries and utilities are only slightly below the average. Transportation and healthcare costs are also below the national average, by 15% and 20%, respectively. The miscellaneous category is 12% below the national average, making it easier for individuals to manage their expenses in Connersville.
Connersville, Indiana, offers a cost of living that is notably lower than the nationwide average. The cost of living index for Connersville stands at 84, which is 16% below the national average of 100. This lower index suggests that residents can expect to spend less on their overall living expenses compared to the average American.
Breaking down the cost of living components, Connersville shows particularly favorable rates in housing, with an index of 75. This represents a 25% reduction from the national average. Additionally, groceries and utilities are also more affordable, with indices of 90 and 95, respectively. These figures indicate savings of 10% and 5% compared to the national averages. While transportation and healthcare costs are slightly above the national average, they remain relatively close, with indices of 85 and 80, respectively. This means that residents save 15% on transportation and 20% on healthcare compared to the national average. Overall, Connersville provides a cost-effective living environment for those seeking a more affordable lifestyle.