The cost of living index in Menands, NY, reveals a higher overall cost compared to the nationwide average of 100. Housing prices are notably higher, with an index of 120. This means housing costs in Menands are 20% higher than the national average.
In addition to housing, groceries and utilities also show increased costs, with indexes of 105 and 110, respectively. This indicates that living in Menands requires a 5% more for groceries and 10% more for utilities than the average American city. Despite some lower costs in transportation and healthcare, the overall index points to a 10% higher cost of living in Menands compared to the nationwide average.
Menands, NY, has a higher cost of living compared to the nationwide average, which is set at 100. This increase is evident in several key areas. Housing in Menands is 20% higher than the national average, with an index of 120. This means housing costs are notably more expensive here.
Other areas also show significant differences. Groceries cost 5% more, with an index of 105. Utilities are also higher at 10%, with an index of 110. Transportation costs, however, are slightly lower, at 5% less than the national average, with an index of 95. Healthcare costs remain close to the average, at just 2% higher, with an index of 102. Miscellaneous costs show an 8% increase, with an index of 108. These figures provide a clear picture of the cost of living in Menands compared to the rest of the country.
