Kermit, TX, features a cost of living index that is generally lower than the nationwide average, which stands at 100. Each category, from housing to healthcare, shows Kermit's expenses hovering around 85 to 95, indicating an overall reduction of 5 to 15% compared to the national figures. This trend suggests that Kermit offers a more affordable living experience for job seekers and residents alike.
Kermit, TX, has a cost of living index that is lower than the nationwide average. The overall cost of living in Kermit is 89, which means it costs 11% less than the national average. Housing in Kermit is particularly affordable, with an index of 85, making it 15% cheaper than the average cost across the country. This is a significant advantage for those considering relocating to Kermit.
When comparing other expenses, Kermit also shows competitive prices. For example, groceries have an index of 92, meaning they cost 8% less than the national average. Utilities cost slightly less, at 90, which is 10% below the nationwide average. Transportation and healthcare prices are also favorable, with indexes of 88 and 95, respectively. These numbers mean that transportation costs are 12% lower, while healthcare costs are 5% higher than the national average. Miscellaneous expenses, like entertainment and personal care, have an index of 87, which is 13% cheaper. These factors combined make Kermit an attractive option for those looking to reduce living expenses.
