Plymouth, IN, shows a favorable cost of living compared to the nationwide average. The overall cost of living index for Plymouth stands at 81, which is 19% lower than the national benchmark of 100. This suggests that residents in Plymouth generally spend less on essential expenses like housing, groceries, and utilities.
Specifically, Plymouth's housing index is 70, which means it costs 30% less than the national average. Grocery prices are also more affordable, at 85. Utilities cost 10% less than the national average at 90, while transportation, healthcare, and miscellaneous expenses follow closely behind the national average, sitting at 75, 95, and 80, respectively.
The cost of living index in Plymouth, Indiana, presents a mixed picture when compared to the nationwide average, which is set at 100. Housing costs in Plymouth are notably lower, with an index of 70. This means that housing expenses here are 30% cheaper than the national average. Job seekers relocating to Plymouth can expect to spend significantly less on their homes, making it a more affordable option in this category.
In contrast, some other living expenses in Plymouth stand at par with or even exceed the national averages. For instance, groceries and miscellaneous items have indexes of 85 and 80 respectively, indicating these costs are only slightly below the average. Utilities, while still affordable with an index of 90, are 10% more than the national average. Healthcare costs are notably higher, with an index of 95, making healthcare 95% of the national average price. Transportation costs also reflect a moderate level with an index of 75, suggesting they are 25% cheaper than the national average. These varied percentages highlight Plymouth as a place where certain costs are lower, while others remain competitive.
