Pendleton, IN, offers a cost of living that is slightly below the nationwide average. The overall cost of living index for Pendleton stands at 90, which is 10% lower than the national average of 100. This makes housing, groceries, utilities, transportation, healthcare, and miscellaneous expenses more affordable for residents and professionals considering a move to Pendleton.
The housing index in Pendleton is 82, which is 18% below the average. Groceries, utilities, and healthcare also show lower costs, with indices of 94, 95, and 92, respectively. Transportation costs are 10% below the average at 90, and miscellaneous expenses are 12% lower at 88. This data suggests that living in Pendleton can be a cost-effective choice for many.
Pendleton, IN, offers a cost of living that is notably lower than the nationwide average. The housing index in Pendleton stands at 82, which is 18% lower than the national average of 100. This means that housing expenses in Pendleton are significantly more affordable compared to the rest of the country. Additionally, the transportation index is 90, which is 10% below the average, indicating that commuting and vehicle-related costs are also more budget-friendly in Pendleton.
When considering other living expenses, Pendleton continues to show a favorable cost of living. The grocery index is 94, just 6% below the national average, suggesting that food and household supplies are reasonably priced. Utilities in Pendleton are at 95, only 5% under the average, meaning that expenses for electricity, gas, and water are nearly on par with the national average. Healthcare costs, at 92, are 8% below the average, offering some relief for residents managing medical expenses. Overall, the miscellaneous cost index of 88 is 12% lower than the average, reflecting a generally lower cost for other miscellaneous items. These factors combine to make Pendleton an attractive option for those looking to manage living expenses effectively.