The cost of living index in Mooresville, IN, stands at 91, which is 1% below the nationwide average of 100. This slight difference suggests that residents in Mooresville can expect to spend slightly less on their overall living expenses compared to the national average. Housing costs in Mooresville, at 85, are notably lower, while groceries and utilities remain close to the average, making it a potentially cost-effective place to live.
Mooresville, Indiana, offers a cost of living that is notably lower than the nationwide average. The overall cost of living index for Mooresville stands at 90, which is 10% below the national average of 100. This lower cost of living makes it an attractive option for those looking to manage their expenses more effectively. Housing costs in Mooresville are 15% below the national average, with an index of 85. This means that residents can find more affordable housing options compared to the rest of the country.
In addition to housing, other expenses in Mooresville also tend to be lower. For example, groceries cost 5% less than the national average, with an index of 95. Utilities are also slightly lower, at 10% below the national average, with an index of 90. While transportation costs are on par with the national average, healthcare costs are 12% lower, with an index of 88. Miscellaneous expenses, which include items like entertainment and personal care, are 8% below the national average, with an index of 92. These lower costs across various categories make Mooresville a financially appealing place to live.
