Mineola, TX, shows a lower cost of living index compared to the nationwide average of 100. Housing costs are 10% lower, groceries 5% lower, and transportation 12% lower, making it a potentially attractive location for budget-conscious job seekers. Utilities, healthcare, and miscellaneous costs also remain below the average, indicating overall affordability.
This cost of living index reveals that Mineola, TX, is not only competitive but also offers savings in several key areas. While healthcare costs slightly exceed the national average by 2%, the other categories demonstrate significant reductions, providing a comprehensive view of lower living expenses in this locale.
Mineola, TX, presents a cost of living that is notably lower than the nationwide average, which is set at 100. Specifically, the housing index in Mineola stands at 90, indicating that expenses in this area are 10% below the national average. People relocating to Mineola can expect to find housing costs more affordable, allowing them to allocate more of their budget to other essential areas.
Additionally, the grocery index in Mineola is 95, reflecting a modest 5% increase from the national average. This slight difference means that grocery bills in Mineola are nearly at par with the rest of the country. Utilities follow closely with an index of 92, showing an 8% reduction from the national average. Transportation costs in Mineola are also lower, with an index of 88, which translates to a 12% saving compared to the nationwide average. Healthcare, with an index of 97, remains slightly above the national average by 7%. Lastly, miscellaneous costs in Mineola, indexed at 91, offer a 9% reduction from the national average. This comprehensive data suggests that Mineola provides a generally cost-effective environment for residents.
