LaFayette, GA, presents a cost of living index that is notably lower than the nationwide average of 100. Specifically, the overall cost of living in LaFayette stands at 83, reflecting an overall 17% reduction compared to national figures. This reduction is evident across key areas, including a 30% lower housing index, a 10% decrease in transportation costs, and a 20% dip in healthcare expenses. Such insights make LaFayette a potentially attractive option for job seekers looking to maximize their purchasing power.
LaFayette, GA, shows a cost of living that is generally below the nationwide average. Housing costs in LaFayette are significantly lower, standing at 70 compared to the nationwide average of 100. This means that residents can expect to pay 30% less for housing compared to the national average. The savings can be a big advantage for people looking to buy or rent a home in LaFayette.
Groceries and utilities in LaFayette are also relatively affordable. The grocery cost index is 90, meaning residents pay 10% less than the national average. For utilities, the cost index is 95, which is 5% lower. This combination makes day-to-day living quite economical. Transportation costs, at an index of 85, are 15% below the national average, further helping to keep expenses low. Healthcare and miscellaneous costs are also lower, with indexes of 80 and 85, respectively. This shows that LaFayette offers a range of living expenses that are more affordable than the national average.