Lynn Haven, FL, has a cost of living index that is slightly below the nationwide average. The overall cost of living index for Lynn Haven stands at 94. This means that, on average, the cost of living in Lynn Haven is 6% lower than the national average. Housing and transportation costs are notably lower, with indices of 95 and 90, respectively. Groceries, healthcare, and utilities are close to the national average, while miscellaneous costs are slightly lower.
The cost of living in Lynn Haven, Florida, presents a favorable comparison to the nationwide average, which is set at 100. Housing costs in Lynn Haven stand at 95, indicating that residents can expect to pay 5% less than the national average for housing. This slight reduction can make homeownership or renting more affordable for those relocating to the area.
Additionally, the cost of groceries in Lynn Haven is slightly higher than the average, with an index of 98. This means that grocery expenses are only 2% higher than the national average. Utilities, however, align perfectly with the national average at 100, suggesting no additional cost burden for residents. Transportation costs are notably lower, with an index of 90, meaning residents can save 10% on transportation expenses compared to the national average. Healthcare costs also mirror the national average at 98, offering minimal difference in expenses. Lastly, miscellaneous costs are at 92, indicating a 8% savings for residents. Overall, Lynn Haven offers a cost of living that is competitive with, or in some cases lower than, the national average.
