The cost of living index in Hiawatha, IA, shows a mix of affordability and higher expenses compared to the nationwide average. Housing costs are notably lower, at 80% of the national average, making it a more budget-friendly option for residents. However, groceries and healthcare costs are slightly higher, with indexes of 90% and 95%, respectively. This balance suggests that while some areas offer savings, others may require more careful budgeting.
The cost of living in Hiawatha, IA, presents a favorable comparison to the nationwide average, which is set at 100. Housing costs in Hiawatha stand at 80, indicating that residents spend 20% less on housing compared to the national average. This lower housing expense can be a significant advantage for those looking to relocate or start a new job in the area.
In other areas, Hiawatha's cost of living remains close to the national average. Groceries, for instance, have an index of 90, meaning they are 10% less expensive than the average. Utilities and healthcare also mirror the national average, with indices of 95, suggesting minimal difference in these costs. Transportation costs are slightly lower at 85, which is 15% less than the average. Miscellaneous expenses, which include items like clothing and entertainment, are at 88, reflecting an 12% reduction. Overall, Hiawatha offers a cost of living that is competitive and often more affordable than the national average.