North Liberty, IA has a cost of living index that is slightly lower than the nationwide average. The overall index stands at 93, which is 3% below the national average of 100. This means that residents in North Liberty can expect to pay less for most goods and services compared to the average American.
Specifically, housing costs are 10% lower, while groceries and utilities are just 2% and 5% below the national average, respectively. This makes North Liberty a potentially attractive location for those looking to manage their expenses more effectively.
North Liberty, IA, offers a cost of living that is relatively lower than the nationwide average. The overall cost of living index in North Liberty stands at 93, which is 3% below the average of 100. This means that residents in North Liberty can expect to spend slightly less on their daily expenses compared to the national average. Housing costs in North Liberty are notably lower, with an index of 90, indicating a 10% reduction from the national average. This makes housing one of the more affordable aspects of living in North Liberty.
In addition to housing, other expenses such as groceries, utilities, transportation, healthcare, and miscellaneous items also reflect a cost of living that is close to the national average. Groceries have a cost of living index of 95, which is 5% below the average. Utilities are slightly above the average at 98, while transportation costs are at 92, 8% below the average. Healthcare costs are at 97, just 3% below the average, and miscellaneous expenses are at 93, also 7% below the average. Overall, North Liberty provides a balanced cost of living that is favorable for those looking to manage their expenses effectively.
