Litchfield, MN, boasts a notably lower cost of living compared to the nationwide average. The overall cost of living index for Litchfield stands at 87, which is 13% below the national benchmark of 100. Housing costs are particularly favorable, with an index of 75, representing a 25% decrease from the national average. Other categories such as groceries and healthcare also remain competitively priced.
Litchfield, MN, shows a cost of living that is lower than the nationwide average in several categories. Housing costs in Litchfield are notably 25% lower than the national average, meaning residents may find it easier to afford homes or rent. Groceries in Litchfield are nearly at par with the national average, with a slight increase of 2%, suggesting minimal variation in food prices.
Utilities in Litchfield are also slightly below the average, costing 10% less, which can lead to lower monthly bills for residents. Transportation costs are just 13% below the national average, making commuting relatively affordable. Healthcare costs are also slightly lower, with a 5% reduction compared to the national average, which could benefit families. Miscellaneous costs, such as entertainment and personal care, are 15% lower than the national average, offering additional savings opportunities. Overall, these lower costs can significantly improve the quality of life for those living in Litchfield, MN.