Griffith, IN, has a cost of living index that is slightly below the nationwide average. The overall index stands at 92, which is 2% lower than the national average of 100. This means that, on average, residents in Griffith can expect to spend less on most goods and services compared to the rest of the country.
Specifically, housing costs in Griffith are 15% below the national average, making it a more affordable option for those looking to settle in this area. Other categories like groceries, utilities, transportation, healthcare, and miscellaneous expenses also show minor variances, but generally remain close to the national average.
Griffith, IN, offers a cost of living that is notably lower than the nationwide average, which is set at 100. Housing costs in Griffith stand at 85, which is 15% below the national average. This makes it an attractive option for those looking to save on housing expenses. Additionally, groceries are priced at 95, which is 5% below the average, providing some relief for daily food expenses.
Utilities and transportation in Griffith also reflect a favorable cost structure. Utilities are priced at 90, which is 10% below the national average, and transportation costs are at 90, matching the national average. Healthcare costs are slightly higher, at 98, which is 2% above the average. Miscellaneous expenses are at 92, which is 8% below the average. Overall, Griffith presents a cost of living that is 9% below the national average, making it a cost-effective choice for many job seekers.
