Granger, IN, has a cost of living index that is slightly below the nationwide average. The overall index stands at 91, which is 9% lower than the national average of 100. Housing costs in Granger are notably lower, at 85, while healthcare costs are slightly higher, at 98. This indicates that while some expenses are more affordable, others are closer to or exceed the national average.
The cost of living in Granger, Indiana, presents a favorable comparison to the nationwide average, which is set at 100. Housing costs in Granger stand at 85, indicating that residents can expect to pay 15% less than the national average. This lower housing index can make Granger a more affordable option for those looking to settle in a new area.
In addition to housing, other living expenses in Granger also compare well to the national average. Groceries, for instance, have an index of 95, meaning they are 5% cheaper than the average. Utilities cost slightly less, with an index of 90, which translates to a 10% savings. Transportation costs are at 92, showing a 8% lower expense compared to the national average. Healthcare costs are slightly higher, with an index of 98, indicating a 2% increase. Miscellaneous expenses, with an index of 88, suggest a 12% reduction in costs. Overall, Granger offers a cost of living that is competitive and often more affordable than the national average.