New Prague, MN, offers a cost of living that is slightly below the nationwide average. The overall cost of living index for New Prague stands at 92, which is 8% lower than the national average of 100. This makes housing, groceries, and miscellaneous expenses more affordable, while utilities and healthcare costs align with the national average.
Transportation costs in New Prague are notably lower, at 85, which is 15% below the national average. The lower housing and transportation costs provide significant savings for residents, making New Prague an attractive option for those seeking a more affordable lifestyle.
New Prague, MN, offers a cost of living that is generally lower than the nationwide average. The housing index in New Prague stands at 90, which means housing costs are 10% lower than the average. This can be a significant advantage for those looking to save on their monthly expenses. Additionally, the groceries index is 95, indicating that grocery costs are only 5% below the average, making it a relatively affordable place to buy food.
Transportation costs in New Prague are also lower, with an index of 85, meaning they are 15% cheaper than the national average. This can be particularly beneficial for those who rely on personal vehicles. Utilities, however, remain at par with the national average, with an index of 100, ensuring no extra costs in this area. Healthcare costs are also in line with the national average, providing peace of mind for residents. Overall, New Prague presents a cost of living that is 93% of the nationwide average, making it an attractive option for budget-conscious individuals.
