The cost of living index in Hiawatha, IA, is notably lower than the nationwide average of 100. Specifically, Hiawatha's overall cost of living stands at 90, reflecting a 10% lower expense compared to the national average. This reduction is primarily driven by the housing index, which is 15% below the national average.
Job seekers will find that Hiawatha offers more affordable living conditions, particularly in housing, making it an attractive option for those looking to minimize living expenses.
The cost of living index in Hiawatha, IA, reveals a generally lower cost of living compared to the nationwide average, which is set at 100. Housing costs in Hiawatha stand at 85, indicating that residents pay 15% less than the national average. This lower housing index can be a significant advantage for those looking to settle in Hiawatha, as it provides a more affordable option for housing.
Other areas such as groceries, utilities, and transportation also show a slight decrease from the national average. Groceries in Hiawatha are priced at 95, which means they are 5% less expensive than the average. Utilities cost 90, reflecting a 10% savings, while transportation costs are at 92, which is 8% less. Healthcare and miscellaneous costs also follow a similar trend, with indices of 88 and 89, respectively. These lower costs make Hiawatha a potentially attractive location for those seeking a more affordable lifestyle without sacrificing too many conveniences.