Montrose, PA, features a cost of living index that remains below the nationwide average of 100. The city's overall index score of 88.5 indicates that residents can expect living expenses to be 11.5% lower than the national standard. This advantageous index is driven by particularly low housing costs, which are 22% below the national average, and utilities that are 5% below the average.
Among various sectors, housing stands out with an index of 78, offering significant savings for Montrose residents. Even groceries, which carry an index of 90, still remain competitive, being 10% below the nationwide average. This favorable cost of living index makes Montrose an attractive location for professionals seeking a more affordable lifestyle without sacrificing essential needs.
Montrose, PA, offers a cost of living that is notably lower than the nationwide average. For instance, housing costs in Montrose are at 78 on the cost of living index, which is 22% below the national average of 100. This lower housing index can be an attractive factor for job seekers and families looking to maximize their budget.
Additionally, other expenses in Montrose follow this trend. Groceries are priced at 90 on the index, only 10% below the national average. Utilities cost 95, just 5% above the average. Even transportation, at 85, is slightly lower but remains accessible. Healthcare stands at 88, which is 8% below the average, offering potential savings in this essential area. Miscellaneous expenses, at 92, are 8% below the average, further supporting the overall affordability of living in Montrose. These figures highlight Montrose as an economically friendly place to live and work.
