Pendleton, IN, offers a cost of living that is notably lower than the nationwide average. The overall cost of living index for Pendleton stands at 90, which is 10% below the national benchmark of 100. This makes housing, utilities, and miscellaneous expenses particularly affordable, while groceries, transportation, and healthcare costs remain close to the average.
Job seekers considering Pendleton will find that their housing costs are 22% lower than the national average, making it a budget-friendly option for living expenses. Utilities and miscellaneous costs are also slightly below the national average, providing additional savings. Groceries, healthcare, and transportation costs are nearly on par with the national average, ensuring a balanced living experience.
Pendleton, IN, offers a cost of living that is notably lower than the nationwide average. The cost of living index for the entire nation is set at 100, and in Pendleton, the overall index stands at 90. This means that, on average, living expenses in Pendleton are 10% lower than the national average. Housing costs in Pendleton, for instance, are 22% lower than the average, with an index of 78. This makes it an attractive option for those looking to save on housing without sacrificing too much in terms of living standards.
When looking at specific categories, Pendleton continues to show favorable comparisons. Groceries, utilities, and healthcare costs are all slightly below or close to the national average. The grocery index is 94, which is 6% lower, while utilities are at 95, just 5% below the average. Healthcare costs are slightly higher, at 96, which is 4% above the national average. Transportation costs are also 10% lower, with an index of 90. Miscellaneous expenses, however, are 15% lower than the national average, with an index of 85. This diverse range of costs makes Pendleton a competitive choice for those seeking a balanced, affordable living environment.
