The cost of living in Hanceville, AL, is notably lower than the nationwide average. The overall cost of living index for Hanceville stands at 85, which is 15% lower than the national average of 100. This reduction is evident across various sectors, including housing, utilities, and miscellaneous expenses.
Specifically, housing costs in Hanceville are 27% below the national average, while utilities are only 5% below. Groceries, transportation, healthcare, and miscellaneous costs also remain slightly below the national average, making Hanceville an attractive option for those seeking a more affordable lifestyle.
The cost of living in Hanceville, AL, is notably lower than the nationwide average, which is set at 100. Housing costs in Hanceville stand at 73, which means residents pay 27% less than the average American. This significant difference can make housing more affordable for those considering a move to Hanceville.
Other expenses also reflect lower costs in Hanceville. Groceries cost 92, which is 8% less than the national average. Utilities are priced at 95, just 5% below the average. Transportation costs are at 86, which is 14% lower. Healthcare costs are 88, 12% under the average. Miscellaneous expenses are 82, 18% less than the national average. These figures show that living in Hanceville can be more budget-friendly in many areas.
