The cost of living index in Danville, IN, stands at 89, which is 11% below the nationwide average of 100. This lower index suggests that residents of Danville can expect to spend less on various living expenses compared to the national average. Housing, utilities, and healthcare costs are notably lower, while groceries and transportation costs are slightly below the average.
Danville, IN, offers a cost of living that is notably lower than the nationwide average. The cost of living index in Danville stands at 88, which is 12% below the national average of 100. This lower index suggests that residents can find more affordable living conditions in Danville compared to the rest of the country. Specifically, the housing index in Danville is 85, which is 15% lower than the national average. This makes housing one of the most cost-effective aspects of living in Danville.
In addition to housing, other areas such as groceries, utilities, transportation, healthcare, and miscellaneous expenses also show Danville's affordability. The grocery index is 92, which is 2% below the national average. Utilities cost 95, just 5% above the average, while transportation costs 90, 10% below the average. Healthcare expenses in Danville are 88, which is 12% lower than the national average. Miscellaneous expenses stand at 87, which is 13% below the average. These figures collectively highlight that Danville provides a more budget-friendly environment for various aspects of daily living.
