The cost of living index in Indianola, IA, is notably lower than the nationwide average, which is set at 100. Indianola's overall cost of living index stands at 89, indicating that residents can expect to spend about 11% less than the national average. This lower cost of living makes Indianola an attractive option for those seeking more affordable living expenses.
The cost of living index in Indianola, IA, shows a generally favorable comparison to the nationwide average, which is set at 100. Housing costs in Indianola stand at 85, indicating that residents spend 15% less on housing compared to the national average. This lower cost can be a significant advantage for those looking to settle in Indianola, as it provides more disposable income for other expenses.
Additionally, the grocery index in Indianola is 95, which means that grocery expenses are only 5% below the national average. This slight reduction in grocery costs adds to the overall affordability of living in Indianola. Utilities, transportation, healthcare, and miscellaneous costs also show competitive figures, with indices at 90, 88, 92, and 87, respectively. These figures suggest that residents in Indianola can expect to spend slightly less on these essential services compared to the national average.
