Pendleton, IN, has a cost of living index that reflects a generally lower expense level compared to the nationwide average, which is set at 100. Housing in Pendleton stands at 85, showing a 15% reduction from the average. Other categories like Groceries and Utilities are also below average but within a close range, making Pendleton an attractive option for budget-conscious individuals seeking a lower living cost.
Pendleton, Indiana, offers a cost of living index that is generally lower than the nationwide average. This means that residents of Pendleton can expect to spend less on various expenses compared to the rest of the country. Specifically, the housing index stands at 85, indicating that housing costs in Pendleton are 15% lower than the national average. This could be particularly beneficial for those looking for more affordable living arrangements without sacrificing quality.
In addition to housing, other categories show minor variations. Groceries, for example, have an index of 90, meaning they are 10% cheaper than the national average. Utilities, at 95, are only 5% higher. Transportation costs, with an index of 92, are slightly higher but remain under 10% more than the nationwide average. Healthcare, slightly below average at 88, offers a modest saving of 12%. Finally, miscellaneous costs, at 87, are 13% cheaper. Overall, these figures suggest that Pendleton provides a cost-effective lifestyle for residents, with several areas offering savings compared to the national average.
