The cost of living index in Minden, LA, shows a generally lower cost of living compared to the nationwide average, which is set at 100. Minden's housing index stands at 68, making it significantly cheaper than the national average. Other categories like groceries, utilities, transportation, healthcare, and miscellaneous expenses also fall below the average, with indices of 92, 95, 90, 88, and 85, respectively. This suggests that living in Minden can be more affordable in many areas.
The cost of living in Minden, LA, presents a favorable comparison to the nationwide average, which is set at 100. Notably, the housing index in Minden stands at 68, indicating that housing costs are 32% lower than the national average. This makes it a more affordable option for those seeking to purchase or rent homes. Additionally, the groceries index at 92 shows that food expenses are only 8% below the average, suggesting that grocery shopping remains relatively cost-effective.
Transportation costs in Minden are also slightly below the national average, with an index of 90. This means that residents can expect to spend 10% less on transportation compared to the average American. Healthcare costs, with an index of 88, are 12% lower than the national average, offering potential savings in medical expenses. The miscellaneous index, at 85, indicates that other living expenses are 15% less than the average, further contributing to the overall affordability of living in Minden, LA.