North Liberty, IA, presents a favorable cost of living when compared to the nationwide average, which is set at 100. The overall cost of living index for North Liberty stands at 94, reflecting a modest 4% decrease. This indicates that residents can enjoy a relatively affordable lifestyle in housing, groceries, transportation, healthcare, utilities, and miscellaneous expenses.
Breaking it down, North Liberty's housing costs are 10% below the national average, while groceries are slightly cheaper at 5% less. Utilities remain on par with the national average, and other areas such as transportation, healthcare, and miscellaneous costs also show minor variations, all leaning towards a more affordable range.
North Liberty, IA, offers a cost of living that is slightly below the nationwide average, which is set at 100. This makes it an attractive option for those seeking to manage living expenses effectively. Specifically, housing costs in North Liberty stand at 90, meaning residents spend 10% less on housing compared to the national average. Additionally, groceries cost 95, slightly lower than the average, providing some savings for families and individuals.
Utilities in North Liberty align perfectly with the national average at 100, meaning residents face no significant difference in these expenses. Transportation costs are set at 92, which is 8% below the national average, making commuting more affordable. Healthcare expenses are also slightly lower, at 94, meaning residents save 6% compared to the national average. Miscellaneous costs are at 97, indicating a minor increase, but overall, North Liberty offers a favorable cost of living for many.