Galax, VA, has a cost of living index that stands below the nationwide average of 100. Specifically, the overall cost of living in Galax is 88, making it 12% lower than the national average. This means that, on average, residents of Galax will spend less on most expenses compared to the typical American city. The lower housing, utilities, and transportation costs particularly benefit those looking to relocate or start a new job.
Galax, Virginia, presents an attractive cost of living compared to the nationwide average. Specifically, the housing index in Galax stands at 80, indicating that housing costs are 20% lower than the national average, which is indexed at 100. This makes it easier for job seekers to find affordable homes or rental properties. The grocery cost index is slightly lower at 90, showing that residents can expect to spend 10% less on groceries compared to the national average.
Transportation costs in Galax are also more affordable, with an index of 85, meaning they are 15% cheaper than the average. Utilities in Galax are nearly on par with the national average, sitting at 95, which means they are 5% cheaper. Healthcare costs remain consistent with the national average at 100, providing peace of mind for those considering a move. Miscellaneous expenses, which include items like clothing and entertainment, have an index of 88, indicating they are 12% less expensive in Galax. Overall, Galax offers a cost of living that is 9% below the national average, making it a financially appealing option for job seekers.