Griffith, IN, shows a cost of living index that is generally lower than the nationwide average, which is set at 100. Housing costs in Griffith stand at 80, which is 20% below the average. Groceries and healthcare in Griffith are slightly higher, with indices of 90 and 95, respectively. This makes Griffith an attractive place for those seeking affordability, especially in utilities and transportation, both of which are close to the national average at 95 and 85, respectively.
Griffith, IN, offers a cost of living that is notably lower than the nationwide average. The cost of living index in Griffith stands at 85, which means it is 15% cheaper than the national benchmark of 100. This lower cost is particularly evident in housing, where the index value is 80, translating to a savings of 20% for residents. While housing is cheaper, some categories like groceries and healthcare align closely with the national average, with indices of 90 and 95 respectively.
Additionally, utilities in Griffith are priced at 95, which is only 5% higher than the national average, providing some relief to residents. Transportation costs are also slightly below the national average, with an index of 85, representing a 15% reduction in expenses for commuters. Miscellaneous costs stand at 88, indicating an 12% decrease compared to the nationwide average. This overall trend suggests that Griffith offers a more affordable living environment, making it an attractive option for those looking to reduce their living expenses without significantly sacrificing quality of life.
