The cost of living index in Powhatan, VA, shows a generally lower cost of living compared to the nationwide average. Housing costs are 15% below the national average, while groceries, utilities, and miscellaneous expenses are slightly below the average at 5%, 10%, and 7% respectively. Transportation costs are 12% below the national average, and healthcare costs are on par with the national average. This data suggests that Powhatan offers a more affordable living environment in several key areas.
The cost of living in Powhatan, VA, presents a favorable comparison to the nationwide average, which is set at 100. Housing costs in Powhatan stand at 85, indicating that residents can expect to pay 15% less than the national average for housing. This reduction can be a significant advantage for those looking to settle in Powhatan, as it provides a more affordable option for housing without compromising on quality of life.
In addition to housing, other cost categories such as groceries, utilities, and transportation also show competitive rates. Groceries in Powhatan are priced at 95, which is 5% below the national average. Utilities cost 90, meaning residents save 10% compared to the average American. Transportation costs are at 88, offering a 12% savings. These lower costs in essential areas contribute to an overall more affordable lifestyle in Powhatan, making it an attractive option for job seekers and families alike.