The cost of living index in Speedway, IN, shows a generally lower cost compared to the nationwide average, which is set at 100. The housing index stands at 85, indicating that housing costs are 15% below the national average. Other categories like groceries, utilities, and transportation also reflect lower costs, with indices of 90, 95, and 94, respectively.
Healthcare costs in Speedway, IN, are slightly higher, with an index of 98, while miscellaneous expenses are at 88. Overall, job seekers can expect to find living expenses in Speedway, IN, to be about 9% below the national average.
The cost of living in Speedway, Indiana, presents a favorable comparison to the nationwide average, which is set at 100. This city's housing index stands at 85, indicating that housing costs are 15% lower than the national average. This reduction can be a significant advantage for job seekers looking to minimize their living expenses while maintaining a comfortable lifestyle.
In addition to housing, Speedway's grocery index is 90, which is 10% lower than the average. This means that residents can expect to spend less on food compared to the national average. Utilities in Speedway are priced at 95, just 5% above the national average. Transportation costs are slightly lower, with an index of 94, which is 6% below the average. Healthcare costs are slightly higher, at 98, which is 2% above the average. Miscellaneous expenses are at 88, 12% lower than the national average. Overall, Speedway offers a cost-effective living environment with several categories below the national average.
