The cost of living in Danville, IN, is slightly below the nationwide average, which is set at 100. Danville's overall cost of living index stands at 91, indicating a 9% lower cost of living compared to the national average. This makes Danville a more affordable option for housing, groceries, utilities, transportation, healthcare, and miscellaneous expenses.
Danville, IN, presents a cost of living that is slightly below the nationwide average. The housing index in Danville stands at 87, which is 13% lower than the national average of 100. This suggests that housing expenses in Danville are more affordable compared to the rest of the country. Additionally, the transportation index is 88, which is 12% below the average, indicating that commuting and vehicle costs are also relatively lower.
When considering other expenses, Danville's cost of living remains competitive. Groceries have a cost of living index of 95, which is 5% above the national average. This means that food costs are slightly higher than the average. Utilities, at 93, are 7% below the average, offering some savings in this area. Healthcare, with an index of 90, is 10% below the average, providing a cost advantage for residents. Miscellaneous expenses, at 92, are 8% below the average, rounding out the overall cost of living picture. Overall, Danville offers a balanced cost of living, with some areas below and others slightly above the national average.