The cost of living index in Paynesville, MN, is notably lower than the nationwide average of 100. Specifically, Paynesville's overall cost of living stands at 93, reflecting a 7% lower expense compared to the national average. This reduction is evident across various categories such as housing, groceries, and utilities, making Paynesville an attractive option for those seeking a more affordable lifestyle.
The cost of living index in Paynesville, MN, shows that residents experience a slightly lower cost of living compared to the nationwide average. The housing index stands at 90, indicating that housing costs are 10% below the national average. This suggests that job seekers can find more affordable housing options in Paynesville, making it an attractive location for those looking to manage their expenses effectively.
Additionally, the groceries index in Paynesville is 95, which is 5% below the national average. This means that the cost of food and household supplies is relatively lower compared to other areas. Utilities, at 97, are just 3% below the national average, indicating minimal difference in these costs. Transportation costs are slightly above the average at 98, showing only a minor increase. Healthcare costs are at 93, which is 7% below the average, offering another area where residents can save. Finally, the miscellaneous index of 92 shows that other living expenses are 8% below the national average. Overall, Paynesville provides a cost-effective living environment for many essential expenses.
