Decatur, IN, offers a cost of living that is notably lower than the nationwide average. The overall cost of living index for Decatur stands at 86, which is 14% below the average of 100. This makes Decatur an attractive option for those seeking more affordable living expenses without sacrificing quality of life.
Specifically, Decatur's housing costs are 18% below the national average, while groceries and utilities are slightly above average. Transportation, healthcare, and miscellaneous expenses are also relatively lower, making Decatur a budget-friendly choice for many.
Decatur, IN, offers a cost of living that is notably lower than the nationwide average. The housing index in Decatur stands at 82, which is 18% below the national average of 100. This means that housing costs in Decatur are more affordable, making it an attractive option for those looking to save on their living expenses. Additionally, the groceries index in Decatur is 90, which is only 10% below the average. This indicates that grocery prices in Decatur are quite competitive, offering residents a slight advantage in their day-to-day spending.
Utilities in Decatur are priced at 95, which is 5% above the national average. This suggests that while utilities are slightly more expensive, the difference remains minimal. Transportation costs in Decatur are at 85, which is 15% below the average, providing another area where residents can save money. Healthcare costs in Decatur are 88, which is 12% below the average, making it a favorable location for those concerned about healthcare expenses. Lastly, the miscellaneous index in Decatur is 80, which is 20% below the average, offering further savings in various other living expenses. Overall, Decatur presents a cost of living that is generally lower than the national average, making it a practical choice for many individuals and families.