Middlebury, IN, has a cost of living index that is notably lower than the nationwide average. Specifically, Middlebury's overall cost of living index is 87, which is 13% below the national average of 100. This lower cost of living makes Middlebury an attractive option for individuals seeking more affordable living expenses.
The housing index in Middlebury stands at 78, which is 22% below the national average. This significant difference highlights the potential savings in housing costs for those relocating to Middlebury. Other categories like groceries, utilities, transportation, healthcare, and miscellaneous expenses also show Middlebury's cost of living to be below the average, making it a cost-effective choice for many.
Middlebury, IN, offers a cost of living that is notably lower than the nationwide average, which is set at 100. The housing index in Middlebury stands at 78, indicating that housing costs are 22% lower than the average. This makes Middlebury an attractive option for those looking to save on housing expenses. Additionally, the grocery index is 90, which is 10% lower than the national average, suggesting that food costs are relatively affordable.
Transportation costs in Middlebury are also slightly below the national average, with an index of 85. This means residents can expect to spend 15% less on transportation compared to the average American. Utilities and healthcare costs are close to the national average, with indices of 90 and 95, respectively. Miscellaneous expenses, which include items like clothing and entertainment, are at 87, reflecting a 13% savings. Overall, Middlebury provides a cost-effective living environment with several areas below the national average.