The cost of living index in Peru, IN, shows a generally lower cost compared to the nationwide average, which is set at 100. Housing costs 15% less, while groceries and healthcare are slightly below the average. Utilities, transportation, and miscellaneous expenses also remain under the national average, with the lowest being miscellaneous at 17% less.
Peru, Indiana, offers a cost of living that is notably lower than the nationwide average, which is set at 100. The housing index in Peru stands at 85, indicating that residents can expect to pay about 15% less for housing compared to the national average. This reduction in cost can be a significant advantage for those looking to settle in Peru, as it provides more financial flexibility for housing expenses.
In addition to housing, Peru's grocery index is 90, which is 10% below the national average. This means that grocery shopping in Peru is more affordable, allowing residents to save a bit more on their monthly food budget. Utilities, transportation, healthcare, and miscellaneous costs also show a slight decrease, with indices of 95, 88, 92, and 83, respectively. These figures collectively suggest that living in Peru, Indiana, can be more cost-effective, offering a better value for money compared to the national average.