Cook, MN, offers a favorable cost of living compared to the nationwide average, which is set at 100. The overall cost of living index in Cook is 88, reflecting an 8% savings for residents. Housing costs notably lower at 78, a 22% decrease from the average.
Key areas such as groceries (95), utilities (90), and transportation (85) also show lower prices compared to the national average. This makes Cook an attractive location for job seekers looking to reduce living expenses while maintaining a quality lifestyle.
The cost of living index in Cook, MN, compared to the nationwide average, shows that residents can expect a more affordable lifestyle in several key areas. Housing costs in Cook are significantly lower, with an index of 78, which means they are 22% below the national average. This could make homeownership or renting more attractive to those relocating from areas with higher living expenses. Similarly, groceries in Cook are 5% below the national average, making it a bit cheaper to put food on the table for families.
Utilities in Cook also present a modest savings opportunity, with an index of 90, which is 10% lower than the national average. Transportation costs are slightly below the national average, with an index of 85, meaning they are 15% less expensive. While healthcare costs remain on par with the national average, with an index of 100, miscellaneous expenses are also 12% lower, with an index of 88. These factors combined suggest that Cook, MN, offers a cost-effective environment for many essential living expenses.