Wabash, Indiana, has a cost of living index that is slightly below the nationwide average. The overall cost of living in Wabash stands at 89, which is 11% lower than the national average of 100. This means that residents in Wabash can expect to pay less for most goods and services compared to the average American.
Specifically, Wabash shows lower costs in housing, utilities, and miscellaneous expenses. Housing costs are 14% below the national average, while utilities and miscellaneous expenses are 10% and 15% lower, respectively. This makes Wabash an attractive option for those looking to reduce their living expenses.
Wabash, Indiana, offers a cost of living that is notably lower than the nationwide average. The cost of living index for Wabash stands at 88, which is 12% below the national average of 100. This lower cost is particularly evident in housing, where the index is 86, reflecting a 14% reduction compared to the national average. Job seekers considering Wabash will find that housing expenses are more affordable, making it easier to manage living costs.
In addition to housing, other areas such as groceries and utilities also show a slight decrease in cost. The grocery index in Wabash is 92, which is 2% below the national average. Similarly, the utilities index is 90, representing a 10% reduction. Transportation costs in Wabash are also lower, with an index of 88, which is 12% less than the national average. These factors contribute to the overall lower cost of living in Wabash, making it an attractive option for those looking to reduce their expenses.