The cost of living index in Homestead, PA, shows a mixed picture for prospective residents. Housing costs stand at 85, which is 15% below the nationwide average of 100. Despite this lower housing expense, other categories like utilities (110%) and groceries (95%) hover slightly above the national average, indicating that while housing is more affordable, other living expenses are comparable or slightly higher.
When considering the overall cost of living, job seekers will find that Homestead offers a relatively balanced living experience. While housing is notably cheaper, expenditures on utilities and groceries slightly exceed the national average, suggesting that saving on rent may come with marginally higher costs in other areas. This balance makes Homestead an attractive option for those seeking affordable housing without sacrificing too much in other essential living costs.
Homestead, PA, offers a relatively affordable cost of living when compared to the nationwide average, which stands at 100. Housing costs in Homestead represent 85% of the national average, making it a particularly attractive option for those looking to save on living expenses. Lower housing costs can free up more of your budget for other areas like savings or leisure activities. Groceries in Homestead are priced at 95% of the national average, indicating that residents can expect to spend slightly less on food compared to the national average. This affordability extends to miscellaneous costs, which are at 92% of the national average.
Transportation costs in Homestead are 90% of the national average, offering a moderate saving for those without a commute to work. While utilities in Homestead are priced at 110% of the national average, they still remain lower than many larger cities, offering a balanced living experience. Healthcare costs are relatively close to the national average at 98%, ensuring that residents have access to quality medical services without excessive expenses. Overall, Homestead, PA, provides a cost-effective living environment with key areas like housing and groceries being particularly affordable.
