Taylor, TX has a cost of living index that is slightly below the nationwide average of 100. Specifically, the graph shows that housing in Taylor is 11% lower, while groceries are just 3% below the national average. Transportation, utilities, healthcare, and miscellaneous expenses also sit at or slightly above the average. Overall, the cost of living index for Taylor, TX is 95. This means it costs 5% less to live in Taylor compared to the nationwide average. Job seekers considering Taylor may find this lower cost of living attractive, potentially making it easier to manage their budget.
The cost of living in Taylor, TX, shows a favorable comparison to the nationwide average, with several key areas performing well. Housing costs, for instance, are 11% below the nationwide index of 100, standing at 89. This makes housing more affordable for residents. Groceries also reflect competitive prices, with an index of 97, only 3% below the average. Utilities follow closely, with an index of 95, indicating a slight decrease of 5% compared to the national standard.
Transportation costs in Taylor are also slightly below the national average, with an index of 92. This represents an 8% reduction, which may appeal to job seekers looking to save on commuting expenses. Healthcare costs are slightly higher, with an index of 98, showing a minor increase of 2% above the average. Finally, miscellaneous expenses, with an index of 96, are just 4% below the nationwide cost. Overall, Taylor, TX, provides a cost-effective living environment with most expenses below or near the national average.