The cost of living index in Syracuse, UT, is slightly lower than the nationwide average. Housing costs 10% less, while groceries, transportation, healthcare, and miscellaneous expenses are only a bit lower. Utilities match the national average, making Syracuse a cost-effective place to live.
The cost of living in Syracuse, UT, presents a favorable comparison to the nationwide average, which is set at 100. Housing costs in Syracuse stand at 90, indicating that residents can expect to pay 10% less than the national average for housing. This reduction in housing expenses can be a significant advantage for those relocating to Syracuse, potentially freeing up more of their budget for other necessities.
Additionally, the cost of groceries in Syracuse is slightly above the national average, with an index of 95. This means that grocery prices are 5% less than the nationwide average. Utilities in Syracuse match the national average at 100, suggesting that residents will not face higher or lower costs for utilities compared to the rest of the country. Transportation costs are also slightly lower, with an index of 98, indicating a 2% cost reduction. Healthcare costs in Syracuse are close to the national average, with an index of 97, meaning they are 3% less expensive. Miscellaneous expenses, with an index of 93, show a 7% reduction compared to the national average. Overall, Syracuse offers a cost of living that is competitive and often more affordable than the national average.