The cost of living index in Homestead, PA, shows a mixed picture compared to the nationwide average, which is set at 100. Housing costs in Homestead are 15% lower than the national average, making it more affordable for residents. However, healthcare costs are 8% higher, which could be a consideration for those relocating. Overall, the cost of living in Homestead is slightly below the national average, offering a balanced living experience.
The cost of living in Homestead, PA, presents a mix of affordability and slight increases in certain areas when compared to the nationwide average. For instance, housing costs in Homestead stand at 85, which is 15% below the national average. This makes it a more budget-friendly option for those looking to settle in this area. Similarly, miscellaneous expenses, which include items like clothing and entertainment, are at 87, which is 13% below the national average.
However, some categories show a higher cost compared to the national average. For example, the cost of groceries in Homestead is 95, which is 5% above the national average. Transportation costs are also slightly higher, at 92, which is 8% above the average. Healthcare costs in Homestead are notably higher, with an index of 98, which is 2% above the national average. These figures suggest that while Homestead offers some savings, particularly in housing and miscellaneous expenses, job seekers should consider the higher costs in groceries, transportation, and healthcare when planning their budget.
