The cost of living index in Penfield, NY, stands at 97, which is 3% below the nationwide average of 100. This suggests that overall expenses are slightly lower in Penfield compared to the rest of the country. Penfield’s housing index is 5% below the national average, while groceries cost 2% more. Utilities and miscellaneous expenses align closely with the national average, providing a balanced cost profile for potential residents.
The cost of living index in Penfield, NY, shows that housing costs are slightly lower than the national average. Housing costs in Penfield are 95 on the index scale, which is 5% below the national average of 100. This means that, in comparison to other areas, housing expenses in Penfield are relatively more affordable, potentially making it an attractive location for those looking to save on their housing budget.
When it comes to groceries, Penfield has a cost of living index of 102, which is 2% higher than the nationwide average. This slight increase suggests that grocery expenses in Penfield are marginally above the national average. Other key areas, such as utilities and transportation, show that Penfield residents might spend slightly less on these essentials, with indices of 98 and 93, respectively. Healthcare costs, however, are slightly higher at 105, indicating a 5% increase over the national average. Miscellaneous expenses in Penfield also align closely with the national average at 97, showing that overall, Penfield offers a balanced cost of living with minor variations in different categories.
