Springfield, VT, has a lower cost of living compared to the nationwide average, with an overall index of 94. This means residents generally spend 6% less than the average American. Housing costs in Springfield are notably lower, at 80, which is 20% below the national average.
While groceries and transportation also show lower costs, utilities and healthcare are slightly higher. Groceries cost 95, which is 5% less, and transportation costs 90, which is 10% less. Utilities are at 110, 10% more, and healthcare is at 105, 5% more. This balanced mix makes Springfield an attractive option for those seeking a more affordable lifestyle.
Springfield, VT, presents a cost of living that is notably lower than the nationwide average in several key areas. Housing costs in Springfield stand at 80 on the cost of living index, which is 20% below the national average of 100. This suggests that residents can find more affordable housing options compared to the rest of the country. Additionally, groceries in Springfield are priced at 95 on the index, which is 5% below the average. This indicates that everyday food purchases are slightly cheaper here than in many other places.
When considering other expenses, Springfield's utilities index is 110, which is 10% higher than the national average. This means that utility costs are a bit more expensive here. Transportation costs in Springfield are at 90 on the index, which is 10% lower than the national average. This suggests that commuting and other transportation-related expenses are more affordable. Healthcare costs in Springfield are at 105, which is 5% higher than the national average. This shows that healthcare expenses are slightly more costly here. Miscellaneous costs in Springfield are at 100, matching the national average, indicating no significant difference in other expenses.
