Hiawatha, IA, has a lower cost of living index than the nationwide average, which stands at 100. Hiawatha’s overall cost of living index is 90, indicating that residents spend about 10% less than the national average across all categories. This reduction in cost, especially in housing and miscellaneous expenses, makes Hiawatha a more affordable place to live compared to the country's average.
The cost of living index in Hiawatha, IA, presents a valuable snapshot for job seekers considering a move. Housing, a major expense, stands at 85, which is 15% lower than the nationwide average. This makes it a more affordable option for those looking to settle down. Groceries in Hiawatha are slightly above the average at 95, which means they cost 5% more than the national average. This slight increase could impact the overall budget for families.
Utilities, another essential cost, are 90 in Hiawatha, representing a 10% decrease from the national average. This makes managing daily expenses more manageable for residents. Transportation, at 92, shows a modest 2% increase compared to the national average. Healthcare costs in Hiawatha are also slightly higher at 94, marking a 4% increase. Miscellaneous expenses stand at 88, which is 12% lower than the national average, providing some relief on everyday spending. Overall, Hiawatha offers a blend of lower costs in certain areas and slightly higher costs in others, making it a competitive option for potential residents.