New Caney, TX, has a cost of living index that is slightly lower than the nationwide average. The overall index stands at 89, which is 11% below the national average of 100. This means that, on average, residents in New Caney can expect to pay less for most goods and services compared to the rest of the country.
Specifically, housing costs in New Caney are 15% lower, while groceries are only 5% less expensive. Utilities and transportation costs are also slightly below the national average, at 10% and 12% lower, respectively. Healthcare costs are 8% lower, and miscellaneous expenses are 15% less. This makes New Caney an attractive option for those looking to manage living expenses effectively.
New Caney, TX, offers a cost of living that is notably lower than the nationwide average. The housing index stands at 85, which means housing costs are 15% less than the national average. This makes it an attractive option for those looking to save on their living expenses. Additionally, groceries in New Caney are priced at 95, which is 5% below the national average. This slight increase suggests that while groceries are affordable, they are not overly cheap.
Utilities in New Caney are at 90, which is 10% below the national average. This indicates that residents can expect to pay less for essential services like electricity and water. Transportation costs are also lower, with an index of 88, meaning they are 12% cheaper than the national average. Healthcare costs are slightly above average at 92, which is a 2% increase. Miscellaneous expenses, such as entertainment and personal care, are at 85, showing a 15% reduction compared to the national average. Overall, New Caney provides a cost-effective living environment for many of its residents.
