Midway, GA, offers a more affordable living experience compared to the nationwide average. The cost of living index for Midway stands at 89, indicating that residents can expect to spend 11% less on average than the national benchmark of 100. Key factors contributing to this lower index include housing costs at 85% and miscellaneous expenses at 80% of the average rates.
This cost-effective environment makes Midway an attractive choice for job seekers and families looking to balance budget and lifestyle. The lower housing and miscellaneous costs provide significant savings, enhancing the overall appeal of living in Midway.
Midway, GA, has a cost of living index that offers various insights for potential residents and job seekers. Housing costs in Midway stand at 85, which is 15% below the national average. This suggests that, on average, residents will spend less on housing compared to the nationwide benchmark of 100. This can be a significant advantage for those looking to minimize their housing expenses while maintaining a reasonable quality of life.
In addition to housing, the grocery index in Midway is at 95, which means grocery costs are 5% below the national average. This can help individuals save a bit more money on their food budgets. Utilities in Midway are also relatively affordable, with an index of 90, showing a 10% decrease from the average. Transportation costs, slightly higher at 92, still represent a modest 8% increase compared to the national average. Healthcare costs are at 88, which is 12% below average, offering another cost-saving opportunity for residents. Finally, miscellaneous expenses, at 80, are 20% below the national average, indicating lower costs for other day-to-day items. Overall, Midway provides a cost-effective living environment in several key areas.