The cost of living index in Galax, VA, is notably lower than the nationwide average of 100. Specifically, the overall cost of living in Galax is 89, reflecting a 11% reduction compared to the national average. This lower cost is evident across various sectors, including housing, utilities, and transportation, making it an attractive location for budget-conscious individuals.
The cost of living in Galax, VA, presents a favorable outlook for job seekers when compared to the nationwide average. The housing index stands at 89, which is 11% below the national average of 100. This suggests that housing costs in Galax are more affordable, potentially allowing residents to allocate more of their budget to other essential needs. Groceries, another significant expense, have an index of 95, only 5% below the national average. This indicates that the cost of food in Galax remains quite close to the average, offering a balanced option for those seeking to manage their grocery expenses effectively.
Transportation costs in Galax are slightly lower, with an index of 85, representing a 15% decrease from the national average. This reduction can be particularly beneficial for those who rely on personal vehicles for commuting. Additionally, the healthcare index of 92 is 8% below the average, suggesting that healthcare expenses in Galax are more affordable. The miscellaneous category, with an index of 87, is 13% below the average, indicating that other living expenses are also relatively lower. Overall, Galax offers a cost of living that is notably below the national average, making it an attractive option for individuals looking to manage their expenses efficiently.
