Danville, IN, offers a lower cost of living compared to the nationwide average. The overall cost of living index for Danville stands at 85, which is 15% lower than the national average of 100. This makes housing, groceries, utilities, transportation, healthcare, and miscellaneous items relatively more affordable in Danville.
Specifically, housing costs in Danville are 25% lower than the national average, while groceries, utilities, transportation, healthcare, and miscellaneous expenses are slightly lower to marginally higher, all contributing to the overall lower cost of living index. This data provides a clear advantage for potential residents or job seekers considering Danville.
Danville, IN, offers a cost of living that is notably lower than the nationwide average, making it an attractive option for those seeking affordability. Housing costs in Danville stand at 75 on the index scale, which means it costs 25% less than the national average. This affordability can significantly ease the financial burden on residents and job seekers alike, providing more disposable income for other necessities and experiences.
Beyond housing, other expenses also reflect lower costs in Danville. For example, groceries cost 90 on the index, which is 10% lower than the national average. Utilities, typically a significant expense, are 95 on the index, representing a 5% saving. Transportation costs are 80, meaning they are 20% less expensive than average. These lower costs, combined with relatively affordable healthcare at 85, create a compelling case for Danville as an economical place to live. Additionally, miscellaneous expenses, which include items like entertainment and personal care, are at 88, which is 12% below the national average. These savings add up, making life in Danville more budget-friendly for job seekers and families.