Hornell, NY, offers a cost of living index that compares favorably to the nationwide average. With an overall cost of living index of 85, Hornell residents can expect to spend about 15% less than the national average on their expenses. Breaking down the components, housing stands at 75, which is 25% below the national average, while groceries at 88 show a modest 12% increase. Utilities and transportation also hover close to the average, with utilities at 90 and transportation at 85, making Hornell a competitive option for those seeking a balanced cost of living.
Hornell, New York has a cost of living index that is notably lower than the nationwide average of 100. Specifically, the housing index in Hornell stands at 75, indicating that housing costs are 25% less than the national average. This reduction could be particularly attractive to job seekers considering career opportunities in the area.
In terms of other essentials, groceries in Hornell have an index of 88, which means they are 12% cheaper than the average. Utilities, including electricity, gas, and water, are at 90, showing a modest 10% increase. Transportation costs, including public transit and car ownership, reflect an index of 85, suggesting they are 15% lower than the national average. This lower transportation cost may appeal to those looking to reduce their overall expenses. Overall, while some areas like healthcare (95) show a slight increase, the general trend in Hornell is one of affordability, offering a favorable cost of living for many residents.
