New Albany, MS, offers a lower cost of living compared to the nationwide average. The overall cost of living index in New Albany is 85, which is 15% lower than the national average of 100. This makes housing, groceries, utilities, transportation, healthcare, and miscellaneous expenses more affordable for residents and job seekers in the area.
New Albany, MS, presents a cost of living that is notably lower than the nationwide average, which is set at 100. Housing costs in New Albany stand at 70, which is 30% lower than the national average. This makes housing one of the most affordable aspects of living in New Albany. For job seekers, this means that a significant portion of their budget can be allocated to other essential expenses or savings.
In addition to housing, other living costs in New Albany also compare favorably to the national average. Groceries cost 90, which is 10% lower than the average. Utilities are at 95, just 5% above the national average, making energy costs quite reasonable. Transportation costs are at 85, which is 15% lower than the average, indicating that commuting and other transportation needs are more affordable. Healthcare costs are at 90, matching the national average, ensuring that medical expenses remain consistent with what one might find elsewhere. Miscellaneous costs are at 80, which is 20% lower than the average, offering further savings in everyday spending. Overall, New Albany provides a cost-effective living environment for those considering relocation.
