The cost of living index in Loretto, PA, shows a generally lower cost compared to the nationwide average, which is set at 100. Housing costs in Loretto are 15% lower, while groceries, utilities, healthcare, and miscellaneous items are slightly below the national average. However, transportation costs are 8% higher than the national average.
Overall, job seekers will find that living in Loretto, PA, tends to be more affordable, with most expenses being under the national average. This makes Loretto a potentially attractive option for those looking to reduce their living costs.
The cost of living index in Loretto, Pennsylvania, offers a favorable comparison to the nationwide average. Housing costs in Loretto stand at 85, which is 15% below the national average. This suggests that residents can find more affordable housing options compared to the rest of the country. Lower housing costs can significantly reduce the overall living expenses, making it easier for individuals and families to manage their budgets.
Additionally, other cost categories in Loretto also show competitive rates. Groceries cost 95, which is 5% below the national average. Utilities are at 90, 10% below the average, and miscellaneous expenses are at 92, 8% below the average. Transportation costs are slightly higher at 98, just 2% above the national average. Healthcare, at 97, is also 3% below the average. Overall, Loretto provides a cost-effective living environment with most expenses being lower than the nationwide average.
