The cost of living index in Osseo, MN, shows a mixed picture compared to the nationwide average of 100. Housing costs 15% less, while groceries and healthcare are slightly higher at 5% and 5% respectively. Utilities and transportation remain close to the average, with miscellaneous costs at 2% below. Overall, Osseo offers a balanced living experience with some areas being more affordable.
The cost of living in Osseo, MN, presents a favorable comparison to the nationwide average, which is set at 100. Housing costs in Osseo are notably lower, with an index of 85. This means residents spend 15% less on housing compared to the national average. Lower housing costs can significantly reduce overall living expenses, making Osseo an attractive option for those seeking affordability.
In other areas, Osseo's cost of living remains close to the national average. Groceries, for instance, have an index of 95, indicating a 5% cost increase. Utilities, at 100, match the national average, suggesting no additional expense in this category. Transportation costs are slightly lower, with an index of 90, meaning a 10% savings. Healthcare costs are slightly higher, with an index of 105, reflecting a 5% increase. Miscellaneous expenses, with an index of 92, show a modest 8% increase. Overall, Osseo offers a balanced cost of living with some areas providing savings and others showing minor increases.