The cost of living index in Corning, NY, stands at 91, which is 1% below the nationwide average of 100. This slight decrease is primarily due to the housing index, which is 15% lower than the national average. Despite this, Corning's grocery, utility, transportation, healthcare, and miscellaneous costs are all close to the national average, making it a balanced option for potential residents.
The cost of living in Corning, NY, presents a mix of affordability and moderate expenses when compared to the nationwide average. Housing costs in Corning stand at 85, which is 15% below the national average. This makes it a more budget-friendly option for those looking to settle in the area. Groceries in Corning are priced at 95, which is 5% above the national average, indicating slightly higher grocery expenses.
Utilities in Corning, at 98, are nearly on par with the average, showing only a 2% increase. Transportation costs are slightly lower, with an index of 90, which is 10% below the national average. This means that commuting and other transportation-related expenses are more affordable in Corning. Healthcare costs are at 92, which is 2% above the national average, suggesting that healthcare expenses are relatively close to the nationwide average. Miscellaneous costs in Corning are at 88, which is 12% below the average, offering some savings in other daily expenses. Overall, Corning provides a balanced cost of living with several areas below the national average, making it an attractive option for many.
