The cost of living index for Taylor, TX, is notably lower than the nationwide average, which is set at 100. Specifically, Taylor's overall cost of living index stands at 92, indicating that residents can expect to spend approximately 8% less than the average American. This makes Taylor an attractive option for those seeking a more affordable lifestyle.
In particular, housing costs in Taylor are 15% below the national average, with an index value of 85. Other categories such as groceries, utilities, healthcare, and miscellaneous expenses also remain below the 100 mark, albeit by smaller margins. This balanced distribution across categories highlights the affordability of living in Taylor, TX.
The cost of living in Taylor, TX, shows some interesting differences compared to the nationwide average, which is set at 100. Housing in Taylor is notably lower, with an index of 85. This means that housing costs are 15% below the national average. People looking for homes or needing to rent will find this a potentially significant saving.
When it comes to other expenses, Taylor also provides some advantages. For example, groceries have an index of 95, just 5% above the national average. Utilities are slightly lower at an index of 90, which means they are 10% cheaper. Healthcare and miscellaneous costs are also close to the national average, with indices of 90 and 92, respectively. This offers a balanced perspective where some costs are lower, while others are only slightly different.
