New Caney, TX, boasts a cost of living index that remains slightly below the nationwide average of 100. The average cost of living index in New Caney stands at 94, suggesting that residents can expect to spend 6% less on their day-to-day expenses compared to the national average. This moderate difference highlights New Caney as an attractive option for those seeking affordability without significant sacrifices.
Breaking down the individual categories, housing costs in New Caney are 12% below the national average, groceries are 6% below, and utilities are 3% below. While healthcare and transportation costs slightly exceed the national average, miscellaneous expenses are 8% lower. This balanced distribution suggests that New Caney offers a favorable cost of living for many families and individuals.
The cost of living in New Caney, TX, presents a favorable comparison to the nationwide average, with an overall cost of living index of 94. This indicates that, on average, living expenses in New Caney are slightly below the national average, making it an attractive option for those looking to manage their budget effectively. Housing, groceries, utilities, transportation, healthcare, and miscellaneous expenses all fall just under the 100 mark, with housing being the most affordable at 88% of the national average.
Specifically, housing in New Caney is 12% cheaper than the national average, providing significant savings for residents. Groceries cost 94% of the national average, making everyday purchases slightly more economical than in many other areas. Utilities hover at 97%, indicating minimal extra costs for services such as electricity and water. Transportation expenses stand at 95%, slightly below the national average, suggesting that commuting and vehicle costs are manageable. Healthcare costs are at 98%, nearly at par with the national average, ensuring that residents can access medical services without excessive expense. Miscellaneous costs are 92% of the national average, reflecting lower spending on non-essential items and entertainment. Overall, New Caney offers a balanced cost of living that appeals to job seekers and families alike.
