Middlebury, IN, has a cost of living index that is slightly lower than the nationwide average. The overall index stands at 90, which is 10% below the average of 100. This means that, on average, residents in Middlebury can expect to spend less on most goods and services compared to the national average.
Specifically, Middlebury's housing costs are 15% lower than the national average, while groceries are only 8% less expensive. Utilities remain at par with the national average, but transportation costs are 10% lower. Healthcare expenses are slightly below the average, at 5% less, and miscellaneous costs are 12% lower. This data suggests that Middlebury offers a more affordable living experience in several key areas.
Middlebury, IN, offers a cost of living that is generally lower than the nationwide average. The cost of living index for Middlebury stands at 89, which is 11% below the national average of 100. This lower cost of living makes Middlebury an attractive option for those looking to manage their expenses more effectively. Housing, for instance, is 15% cheaper in Middlebury, with an index of 85 compared to the national average.
The lower cost of living in Middlebury extends to other areas as well. Groceries cost 8% less, with an index of 92, while transportation costs are 10% lower at 90. Healthcare costs are slightly lower, with an index of 95, representing a 5% decrease. Utilities remain on par with the national average at 100, and miscellaneous expenses are 12% lower, with an index of 88. These factors combine to make Middlebury a more affordable place to live compared to the national average.