Great Bend, KS, boasts a cost of living index that is notably lower than the nationwide average. Specifically, the overall cost of living stands at 89, which is 11% below the national average of 100. This makes housing, groceries, utilities, transportation, healthcare, and miscellaneous expenses more affordable for residents. For example, housing costs in Great Bend are 16% below the average, while groceries are just 5% below the national average.
The cost of living in Great Bend, KS, reveals intriguing insights when compared to the nationwide average, which is indexed at 100. In Great Bend, housing costs are slightly lower, with an index of 84. This means residents can expect to pay about 16% less for housing than the national average. The lower housing index offers potential savings for those relocating or considering settling in Great Bend.
Beyond housing, the other areas of cost also exhibit slight variations. Groceries in Great Bend have an index of 95, indicating a modest 5% increase over the national average. Utilities cost slightly less, with an index of 92, meaning they are 8% cheaper. Transportation costs are close to the national average with an index of 90, showing a 10% savings. Healthcare costs slightly under the national average, with an index of 88, reflecting a 12% reduction. Lastly, miscellaneous expenses have an index of 85, showing a 15% decrease compared to the nationwide standard. These figures suggest that, overall, Great Bend offers a cost of living that is lower or comparable to the national average in most categories.