Dyer, IN, has a cost of living index that is slightly below the nationwide average. The overall index stands at 93, which is 7% lower than the national average of 100. This means that, on average, residents in Dyer can expect to spend less on most living expenses compared to the average American.
Specifically, Dyer's housing costs are 15% lower than the national average, while groceries and utilities are just slightly below average. Transportation costs are 10% lower, and healthcare costs are 2% higher. Miscellaneous expenses are also 8% lower. This data suggests that Dyer offers a more affordable living environment in many key areas.
Dyer, Indiana, presents a cost of living that is notably lower than the nationwide average, which is set at 100. Housing costs in Dyer stand at 85, indicating that residents can expect to pay 15% less than the national average for housing. This reduction can be a significant advantage for those looking to purchase a home or rent a property in the area.
Additionally, the cost of groceries in Dyer is slightly below the national average, with an index of 95. This means that grocery expenses are 5% cheaper than the average American household would face. Utilities, another essential expense, are also slightly lower, with an index of 97, reflecting a 3% decrease. Transportation costs in Dyer are at 90, which is 10% less than the national average. Healthcare costs, however, are slightly higher, with an index of 98, indicating a minimal increase of 2%. Miscellaneous expenses, which include items like clothing and entertainment, are at 92, showing a modest 8% decrease. Overall, Dyer offers a cost of living that is generally favorable for those seeking a more affordable lifestyle.
