The cost of living index in Dunbar, WV, is notably lower than the nationwide average, which is set at 100. Specifically, Dunbar's overall index sits at 88. This makes housing, groceries, utilities, transportation, healthcare, and miscellaneous expenses more affordable in Dunbar compared to the average American location.
The housing index of 80 shows a 20% reduction from the national average, making this the most significant decrease. Groceries are slightly higher at 90, while utilities, transportation, healthcare, and miscellaneous costs are all close to or slightly above the national average, indicating overall affordability for residents.
The cost of living in Dunbar, WV, offers a glimpse into how daily expenses compare to the national average, which stands at 100. When examining housing costs, Dunbar residents experience a significant advantage, with an index of 80. This means that housing costs in Dunbar are 20% lower than the national average, making it an affordable option for those looking to settle down.
Additionally, the grocery index in Dunbar is slightly lower than the national average at 90. This represents a 10% saving on groceries compared to the nationwide figure. Utilities in Dunbar are also slightly below the national average at 95, meaning residents pay just 5% more for utilities. The transportation index stands at 85, indicating a 15% saving on transportation costs when compared to the national average. Healthcare, though essential, remains relatively affordable with an index of 92, costing 8% less than the national average. Finally, miscellaneous costs are at 88, showing an 8% savings on other expenses. Overall, Dunbar presents a cost-effective lifestyle for residents with several areas of spending below the national average.