Powell, WY, offers a cost of living index that stands at 93, slightly below the nationwide average of 100. This modest difference suggests that living expenses in Powell are around 7% less than the national average. Key areas such as housing, utilities, and transportation show costs that are a bit lower, while groceries and healthcare align closely with the average. This balance makes Powell an attractive option for those seeking affordability without sacrificing essential services.
The cost of living index for Powell, WY, offers valuable insights for those considering a move or job opportunity in this region. Compared to the nationwide average, Powell’s housing costs are notably lower, with an index of 85. This means housing expenses are 15% cheaper than the national average. For individuals or families, this can represent a significant savings, making Powell an attractive option for those looking to manage living expenses more effectively.
In addition to housing, Powell’s grocery and utility costs also compare favorably to the national average. Groceries have a cost of living index of 95, which is 5% lower than average, offering some relief on food expenses. Utilities are slightly above the average with an index of 98, translating to a modest 2% increase. While transportation costs stand at 90, indicating a 10% reduction, healthcare costs mirror the national average at 100, ensuring no extra costs are incurred in this essential area. Miscellaneous expenses, with an index of 92, reflect a minor 8% decrease, adding to the overall affordability of living in Powell.