Slippery Rock, PA, offers a cost of living index slightly below the nationwide average. The total index stands at 93, which means it costs about 7% less than the national average of 100. This slight decrease is primarily due to the housing sector, which has an index of 85, representing a 15% reduction in costs.
For professionals evaluating job opportunities, Slippery Rock presents an affordable living environment. The lower housing costs and competitive indices in other categories make it an attractive option for those seeking lower living expenses. These savings could help boost disposable income or provide more financial flexibility.
Slippery Rock, Pennsylvania, shows a cost of living index that varies across different categories compared to the nationwide average. Housing costs are notably lower, standing at 85, which is 15% less than the national average. This means that residents can expect to pay less for housing, making it an attractive aspect for those seeking affordability. Groceries, another essential expense, have an index of 98, indicating that they are only 2% below the national average. This suggests that grocery costs in Slippery Rock are fairly in line with what one might find across the country.
Utilities in Slippery Rock have a cost of living index of 95, which is 5% below the national average. This indicates slightly lower expenses in this category. Transportation costs are at 90, showing a 10% decrease compared to the national average. This means residents can save a bit on transportation, adding to the overall affordability of living in Slippery Rock. Healthcare services in the area are in line with the national average, with an index of 100, ensuring that medical costs remain consistent with what one would expect nationwide. Lastly, miscellaneous expenses have an index of 92, which is 8% below the national average. Overall, Slippery Rock provides a more affordable lifestyle in several key areas, making it a viable option for cost-conscious individuals.