Fayetteville, NY, has a cost of living index that is slightly below the nationwide average. The overall index stands at 94, which is 6% lower than the average of 100. This lower cost of living makes Fayetteville an attractive option for those seeking more affordable living conditions. The housing index at 90 shows the most significant savings, while utilities remain on par with the national average.
Fayetteville, NY, presents a cost of living that is slightly below the nationwide average. The housing index in Fayetteville stands at 90, which is 10% lower than the national average. This suggests that housing expenses in Fayetteville are more affordable compared to the rest of the country. For job seekers, this could mean that a larger portion of their budget can be allocated to other essential expenses or savings.
Additionally, the grocery index in Fayetteville is 95, which is 5% below the national average. This indicates that groceries in Fayetteville are relatively cheaper, offering potential savings for those who prioritize food expenses. The transportation index is at 92, which is 8% lower than the national average, making commuting more budget-friendly. Overall, Fayetteville provides a cost-effective living environment with several expenses below the national average, making it an attractive option for those looking to manage their living costs effectively.