Humboldt, TN, offers a cost of living that is notably lower than the nationwide average. The overall cost of living index for Humboldt stands at 88, which is 12% below the national benchmark of 100. This makes Humboldt a more affordable place to live, especially in areas like housing, transportation, and utilities, where residents can save significantly compared to the average American city.
Humboldt, TN, presents a cost of living that is notably lower than the nationwide average. The housing index in Humboldt stands at 80, which is 20% below the national average of 100. This suggests that housing costs in Humboldt are more affordable, making it an attractive option for those looking to save on their living expenses. Additionally, the groceries index at 95 is only 5% above the national average, indicating that the cost of food in Humboldt is quite reasonable.
Utilities in Humboldt are priced at 90, which is 10% below the national average. This means residents can expect to spend less on essential services like electricity and water. Transportation costs are also lower, with an index of 85, representing a 15% decrease from the national average. Healthcare costs in Humboldt are slightly below the average, with an index of 88, which is 12% lower than the national average. Lastly, miscellaneous costs are at 92, just 8% above the national average, showing that other everyday expenses are fairly comparable to the rest of the country. Overall, Humboldt offers a more affordable lifestyle in several key areas compared to the national average.
