The cost of living index in Speedway, IN, shows a generally favorable comparison to the nationwide average, which is set at 100. Housing costs in Speedway are slightly lower, at 94, while groceries and utilities are close to the average, with figures at 95 and 102, respectively. Healthcare and miscellaneous expenses also remain near the national average, with indices of 98 and 97. This data suggests that living in Speedway can be more affordable in some areas compared to the national average.
The cost of living index in Speedway, Indiana, shows that residents experience a slightly lower cost of living compared to the nationwide average. The housing index stands at 94, which means housing costs are 6% lower than the average. This lower housing cost can be a significant advantage for those looking to settle in Speedway. Groceries also follow a similar trend, with an index of 95, indicating a 5% reduction in grocery expenses compared to the national average.
Utilities in Speedway, however, have a slightly higher cost, with an index of 102, meaning they are 2% more expensive than the nationwide average. Transportation costs remain at par with the national average, with an index of 100. Healthcare costs are also slightly lower, at 98, which translates to a 2% savings. Miscellaneous expenses, with an index of 97, are 3% below the national average. Overall, Speedway offers a more affordable living experience in several key areas, making it an attractive option for job seekers and families.
