Lynn Haven, FL, offers a cost of living slightly below the nationwide average. The overall cost of living index for Lynn Haven stands at 95, which is 5% lower than the national average of 100. This makes housing, groceries, and miscellaneous expenses more affordable, while utilities and healthcare costs are slightly higher.
Job seekers considering Lynn Haven can expect to find living expenses that are generally more economical, particularly in housing and groceries. The lower cost of living can provide a more comfortable financial situation for those relocating to this area.
The cost of living index in Lynn Haven, Florida, offers a favorable comparison to the nationwide average. Housing costs in Lynn Haven are at 98, which is slightly below the average of 100. This means residents can expect to pay about 2% less for housing compared to the national average. This slight reduction can make homeownership or renting more affordable for those relocating to Lynn Haven.
In addition to housing, Lynn Haven's grocery costs stand at 95, which is 5% lower than the national average. This can lead to savings on everyday food expenses. Utilities, however, are slightly higher at 102, meaning residents pay about 2% more for services like electricity and water. Transportation costs are at 97, which is 3% below the national average, offering some relief for those who rely on personal vehicles. Healthcare costs are notably lower at 90, providing a 10% savings for medical expenses. Miscellaneous costs are at 93, which is 7% below the average, indicating that other expenses are also more affordable. Overall, Lynn Haven presents a cost of living that is competitive and often more favorable than the national average.