Lake Worth, TX, offers a cost of living that is slightly lower than the nationwide average. The overall cost of living index for Lake Worth stands at 93, which is 7% below the average of 100. This makes housing, groceries, and miscellaneous expenses more affordable compared to the national average. However, utilities and transportation costs are on par with the national average, while healthcare and transportation expenses are slightly lower.
The cost of living in Lake Worth, TX, presents a favorable comparison to the nationwide average, which is set at 100. Housing costs in Lake Worth stand at 90, indicating that residents can expect to pay 10% less than the national average. This reduction can be a significant advantage for those looking for more affordable housing options.
In other areas, Lake Worth also offers a competitive edge. Groceries cost 95, which is 5% below the national average. Transportation costs are at 92, meaning residents spend 8% less on getting around. These savings can add up, making Lake Worth an attractive option for those seeking a more budget-friendly lifestyle. Overall, the cost of living in Lake Worth provides a balance of affordability and quality of life.