The cost of living index in Edinburgh, Indiana, shows a varied picture compared to the nationwide average, which is set at 100. Housing costs in Edinburgh stand at 75, indicating a more affordable living environment for those seeking homes. Groceries, utilities, transportation, healthcare, and miscellaneous expenses are all slightly below or close to the national average, with values ranging from 80 to 95.
This distribution suggests that residents in Edinburgh may find certain aspects of living more affordable, especially housing. However, for a comprehensive understanding of living costs, individuals should consider all categories when planning their budget.
The cost of living in Edinburgh, Indiana, differs in various ways from the nationwide average. When looking at housing, Edinburgh's index stands at 75, which is 25% lower than the national average of 100. This means people in Edinburgh can expect to pay less for their homes or rent compared to the rest of the country. However, it's important to note that while housing is cheaper, job opportunities and wages might need to be considered for a complete cost-of-living assessment.
Edinburgh also shows differences in other areas. Groceries cost 90, just 10% below the national average. Utilities in Edinburgh are slightly better, at 95, showing a 5% increase over the nationwide average. Transportation costs in Edinburgh are at 85, which means they are 15% lower than average. Healthcare costs at 80 are 20% lower, and miscellaneous expenses at 88 are just 2% under the national average. These variations mean that while some costs are lower, others are close to the national averages, providing a mixed picture of living costs.
