The cost of living index in Monahans, TX, stands at 88, which is 8% lower than the nationwide average of 100. This lower index suggests that residents may find expenses for housing, groceries, utilities, transportation, healthcare, and miscellaneous items to be more affordable compared to the national average. Job seekers considering Monahans may find this cost difference beneficial when planning their budgets.
The cost of living index in Monahans, TX, shows a generally lower cost of living compared to the nationwide average, which is set at 100. Housing is notably more affordable, with an index of 80. This means that housing costs in Monahans are 20% lower than the national average. People looking for homes or renting apartments will find that their expenses are significantly reduced in this area.
Other expenses also reflect lower costs. Groceries have an index of 90, which is 10% below the national average. Utilities are slightly higher, with an index of 95, indicating a 5% increase. Transportation costs are at 85, meaning they are 15% lower. Healthcare costs are close to the average, with an index of 92, which is 8% lower. Miscellaneous expenses have an index of 88, showing a 12% reduction. Overall, Monahans offers a more budget-friendly living environment for many essential expenses.
