The cost of living in Crossett, AR, is notably lower than the nationwide average, which is set at 100. Specifically, Crossett's overall cost of living index stands at 88, reflecting a 12% reduction compared to the national average. This means residents can expect to spend less on most essentials, making it a more affordable place to live.
Breaking it down, Crossett's housing index is 80, which is 20% below the national average. Groceries, utilities, transportation, healthcare, and miscellaneous expenses also show lower costs, with indices ranging from 85 to 95. This data suggests a favorable financial environment for those considering relocating to Crossett.
The cost of living in Crossett, Arkansas, presents a favorable comparison to the nationwide average, which is set at 100. Housing costs in Crossett stand at 80, indicating that residents can expect to pay 20% less than the national average for housing. This lower housing index can be a significant advantage for those looking to settle in Crossett, making it easier to manage living expenses.
In other areas, Crossett also shows competitive costs. For groceries, the cost of living index is 95, which is 5% less than the national average. Utilities cost 90, meaning residents pay 10% less for utilities compared to the average American. Transportation costs are at 85, which is 15% lower than the national average. Healthcare costs are slightly higher, at 88, but still 12% below the national average. Miscellaneous costs are at 92, which is 8% less than the national average. Overall, Crossett offers a cost of living that is generally lower than the national average, making it an attractive option for many.