Decatur, Indiana, offers a notably lower cost of living compared to the nationwide average, which is indexed at 100. Decatur's overall cost of living stands at 85, indicating that residents typically spend 15% less than the national average on living expenses. This decrease is influenced by various sectors, with housing being the most significant, costing 22% less than the average.
In addition to housing, utilities in Decatur are 5% below the national average, while groceries, healthcare, transportation, and miscellaneous expenses are only slightly below or close to the average. This balanced distribution suggests that while housing offers the greatest savings, overall living expenses remain competitive.
The cost of living in Decatur, Indiana, offers significant savings compared to the nationwide average. With a cost of living index of 78, Decatur residents experience living expenses that are 22% lower than the national benchmark, set at 100. This lower index impacts housing the most, as the cost of shelter in Decatur stands at just 78% of the national average.
Other expenses, such as groceries and utilities, are also favorable, at 90% and 95% of the average, respectively. The transportation cost of living index is 85%, slightly below the national average. Health care costs are comparable to the national average, at 88%, while miscellaneous expenses are at 82%. This data suggests that Decatur provides a more affordable lifestyle in most areas compared to the rest of the country.
