Peru, IN, shows a cost of living index that is generally lower than the nationwide average of 100. Housing costs in Peru stand at 80, meaning they are 20% below the national average. Groceries, utilities, transportation, healthcare, and miscellaneous costs also fall under the national average, with indices of 90, 90, 85, 95, and 88 respectively. These figures suggest that living in Peru, IN, can be more affordable compared to many other areas in the country.
Peru, IN, offers a cost of living that is significantly lower than the nationwide average. The housing index stands at 80, meaning that housing costs in Peru are 20% lower than the national average. This represents a substantial saving for residents, allowing them to allocate more of their budget to other essential needs. Similarly, groceries in Peru are priced at 90 on the cost of living index, which is 10% lower than the national average, indicating that everyday shopping is more affordable for residents.
Utilities and transportation in Peru also provide cost advantages. Utilities have an index of 90, which is 10% lower than the nationwide average, offering a reasonable reduction in monthly expenses. Transportation costs are at 85 on the index, making them 15% cheaper than the national average. While healthcare in Peru is priced at 95, slightly above the national average, the overall lower cost of living in categories like housing, groceries, and utilities provides a balanced perspective for potential residents. This combination of cost efficiencies makes Peru, IN, an attractive option for those looking to manage their expenses effectively.
