Hutchinson, MN, has a lower cost of living compared to the nationwide average. The overall cost of living index for Hutchinson stands at 89, which is 11% lower than the national average of 100. This reduction is primarily driven by the housing index, which is 22% below the average. Despite this, categories like groceries and healthcare remain close to the national average, offering a balanced living experience.
Hutchinson, MN, offers a cost of living that is notably lower than the nationwide average. The housing index stands at 78, which is 22% below the national average of 100. This suggests that housing costs in Hutchinson are significantly more affordable, making it an attractive option for those looking to save on their living expenses. Additionally, the utilities index is 90, which is 10% lower than the national average. This indicates that residents can expect to pay less for essential services like electricity and water.
The grocery index in Hutchinson is 95, which is 5% below the national average. This means that while groceries are slightly cheaper, the difference is minimal. Transportation costs are also lower, with an index of 85, representing a 15% decrease from the national average. This can be beneficial for those who rely on personal vehicles for commuting. Overall, Hutchinson provides a cost-effective living environment with several areas where expenses are lower than the national average.