Tannersville, PA, presents a favorable cost of living for potential residents. The overall cost of living index for Tannersville is 86, which is 14% below the nationwide average of 100. This lower index suggests that residents can find savings in various sectors, especially in housing, where the index stands at 75, indicating a significant 25% reduction compared to the national standard.
Each category contributes to the overall lower cost of living in Tannersville. For instance, groceries cost 10% less than the national average, and utilities are only 5% above average. Transportation and healthcare costs also remain reasonably competitive, offering further savings opportunities for those considering a move to Tannersville.
The cost of living index in Tannersville, PA, reflects a generally lower cost of living compared to the nationwide average, which is set at 100. Housing in Tannersville stands at 75, suggesting that residents spend 25% less on housing compared to the national average. This lower housing cost is particularly attractive to job seekers who are considering relocating for work.
Other expenses in Tannersville also show a favorable comparison. Groceries, utilities, transportation, healthcare, and miscellaneous costs each hover around 80% to 95% of the national average. Groceries are at 90, meaning a 10% savings. Utilities are slightly higher at 95, indicating a 5% increase. Transportation is at 85, showing a 15% decrease. Healthcare costs are at 80, offering a 20% savings. Finally, miscellaneous expenses are at 88, providing a 12% decrease. These figures collectively paint a picture of a cost of living that is notably lower than the national average in most categories, making Tannersville an appealing option for budget-conscious professionals.
