Hornell, NY, offers a cost of living that is slightly below the nationwide average. The overall cost of living index for Hornell stands at 92, which is 8% lower than the national average of 100. This means that, on average, residents can expect to spend less on most goods and services compared to the rest of the country.
Housing, groceries, and miscellaneous costs in Hornell are notably lower, with indices of 90, 95, and 90, respectively. Utilities and healthcare costs align with the national average, while transportation costs are slightly lower at 85. This balanced distribution makes Hornell an attractive option for those seeking a more affordable lifestyle.
Hornell, NY, presents a cost of living that is slightly below the nationwide average. The housing index in Hornell stands at 90, which is 10% less than the national average of 100. This suggests that housing costs in Hornell are more affordable compared to the rest of the country. Similarly, the miscellaneous costs, which include items like clothing and entertainment, also have an index of 90, indicating a 10% reduction in these expenses.
When considering groceries, Hornell offers a slight advantage with an index of 95, which is 5% lower than the average. This means that residents can expect to spend less on groceries here. However, the transportation index is 85, showing a 15% decrease from the national average. This could be a significant benefit for those who rely on personal vehicles. Overall, Hornell provides a cost of living that is competitive and often more favorable than the national average in many key areas.