The cost of living index in Macedon, NY, stands at 98 compared to the nationwide average of 100. This means residents can expect to pay slightly less for their overall living expenses. Housing costs in Macedon are 5% lower than the national average, while groceries are 4% higher, making day-to-day expenses a bit more manageable in most areas outside food.
The cost of living in Macedon, NY, offers a unique blend of affordability and modest expenses compared to the nationwide average. Housing in Macedon stands at an index of 95, meaning it costs 5% less than the national average. This can make renting or buying a home more budget-friendly for residents and newcomers alike. Groceries, however, have a slightly higher index of 104, indicating a 4% increase over the national average. This means that while housing remains affordable, grocery costs might require a bit more planning.
Utilities in Macedon are set at an index of 97, just 3% below the national average. This suggests that utility bills are quite manageable, offering slight savings for residents. Transportation costs mirror the national average, with an index of 100, providing no extra cost or savings in this area. Healthcare services, though, show a lower index of 90, which means they are 10% cheaper than the national average. This can be a significant advantage for those managing healthcare expenses. Lastly, miscellaneous costs have an index of 102, indicating a minimal 2% increase above the national average. Overall, Macedon presents a cost of living that is mostly favorable, particularly in housing and healthcare.