The cost of living index in Denison, TX, is generally lower than the nationwide average, which is set at 100. Denison's housing costs are 15% lower, while groceries and utilities remain close to the national average. Overall, Denison offers a 9% lower cost of living compared to the national benchmark.
The cost of living index in Denison, TX, provides a clear picture of how expenses in the area compare to the nationwide average. The housing index stands at 85, which is 15% below the national average of 100. This suggests that housing in Denison is more affordable, potentially offering residents a savings opportunity.
Moving to other essential areas, the groceries index is slightly above average, sitting at 92. This means groceries cost 2% more in Denison than the nationwide average. Utilities, however, are also close to the national average, with an index of 95, showing only a 5% increase. Transportation costs are slightly lower, with an index of 90, indicating a 10% savings. Healthcare costs are marginally higher, at 97, which is a 7% increase. Miscellaneous expenses have an index of 88, meaning they are 12% cheaper than the average. These figures show that Denison offers a mix of both affordable and slightly higher living costs in different areas.
