Rock Springs, Wyoming, has a lower overall cost of living compared to the nationwide average. The cost of living index in Rock Springs stands at 92, which is 8% below the national average of 100. This index includes various factors such as housing, groceries, utilities, transportation, healthcare, and miscellaneous expenses.
Specifically, the housing index in Rock Springs is 86, while groceries and healthcare are slightly above average at 95 and 97, respectively. Utilities and transportation also show minor increases, with indexes at 90 and 94, respectively. The miscellaneous costs also hover around the average at 92. This balance makes Rock Springs an attractive option for those seeking a more affordable lifestyle without significant trade-offs in quality.
The cost of living index in Rock Springs, Wyoming, provides valuable insights for anyone considering relocation or currently living in the area. Rock Springs exhibits a housing index of 86, indicating that housing costs are 14% lower than the nationwide average. This offers potential savings for those seeking homeownership or rental accommodations, making it an attractive option for budget-conscious individuals.
Additionally, the grocery index stands at 95, reflecting only a 5% increase compared to the national average. This suggests that grocery expenses in Rock Springs are fairly competitive with other regions across the country. Other cost factors, such as utilities at 90 and transportation at 94, also show that these essentials remain close to the average cost. However, healthcare costs are slightly higher, with an index of 97, meaning they are 7% above the national average. Miscellaneous expenses, with an index of 92, also fall just 8% above the national average. Overall, Rock Springs presents a balanced cost of living, with some areas offering savings and others remaining close to the national norm.
