Taylor, TX, offers a cost of living that is slightly below the nationwide average. The overall cost of living index for Taylor stands at 92, which is 8% lower than the national average of 100. This makes housing, utilities, and miscellaneous expenses more affordable compared to the average American city.
Despite the lower cost of living, some categories like groceries and healthcare remain close to the national average, with indices of 95 and 97, respectively. This balance makes Taylor an attractive option for those seeking a more affordable lifestyle without significant trade-offs in essential services.
The cost of living index in Taylor, TX, shows a generally favorable comparison to the nationwide average, which is set at 100. Housing costs in Taylor stand at 85, indicating that residents spend 15% less on housing compared to the national average. This lower cost can make housing more affordable and attractive for job seekers looking to maximize their budget.
Other expenses in Taylor also reflect a positive trend. For instance, groceries cost 95, which is 5% less than the national average. Utilities are at 93, meaning residents pay 7% less for these services. Transportation costs are slightly lower at 90, which is 10% below the national average. Healthcare costs are slightly higher at 97, indicating a 3% increase. Miscellaneous expenses are at 92, which is 8% less than the average. Overall, Taylor offers a cost-effective living environment with several expenses below the national average.