The cost of living in Lake Worth, TX, is slightly below the nationwide average. Housing costs 15% less, while groceries are 8% cheaper. Utilities, transportation, healthcare, and miscellaneous expenses are all within a few percentage points of the national average. This makes Lake Worth a potentially attractive location for those seeking a more affordable lifestyle.
The cost of living index in Lake Worth, TX, shows a mixed picture when compared to the nationwide average, which is set at 100. Housing costs in Lake Worth are notably lower, with an index of 85. This means that housing expenses are 15% less than the national average. For job seekers, this could be a significant advantage, offering more affordable living options.
Other areas, such as groceries and utilities, also present relatively lower costs. Groceries have an index of 92, which is 8% below the national average, while utilities are at 97, just 3% below. This suggests that daily living expenses in Lake Worth are slightly more manageable. However, healthcare costs are slightly higher, with an index of 98, indicating a 2% increase over the national average. Transportation costs are also close to the average, with an index of 90, meaning they are 10% lower. Overall, Lake Worth offers a balanced cost of living with some areas providing savings and others being slightly higher.
