Taylor, TX, presents 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 benchmark of 100. This modest difference suggests that residents can expect to find more affordable housing and utilities compared to the average American city.
Specifically, housing costs in Taylor are 8% lower than the national average, while groceries and healthcare remain close to the national figures at 95 and 96, respectively. This balanced cost structure makes Taylor an attractive option for those seeking a more affordable lifestyle without sacrificing essential services.
The cost of living in Taylor, TX, presents a favorable comparison to the nationwide average, which is set at 100. Housing costs in Taylor stand at 92, which is 8% lower than the national average. This suggests that residents can find more affordable housing options, making it easier to manage living expenses. Additionally, groceries cost 95 in Taylor, only 5% below the average, indicating that food expenses remain quite reasonable.
Utilities in Taylor are priced at 90, which is 10% less than the national average. This reduction can lead to significant savings for households. Transportation costs are also slightly lower, at 93, which is 7% below the average. Healthcare costs are slightly higher, at 96, which is 4% above the average. Miscellaneous expenses in Taylor are 89, which is 11% lower than the national average. Overall, Taylor offers a cost of living that is competitive and often more affordable than the nationwide average.