Wabash, IN, offers a lower cost of living compared to the nationwide average. The overall cost of living index in Wabash stands at 87, which is 13% below the national average of 100. This lower cost makes Wabash an attractive option for those seeking affordable living expenses.
Specifically, housing costs in Wabash are 24% below the national average, with an index of 76. Groceries, utilities, and transportation also show lower costs, with indices of 92, 87, and 85, respectively. Healthcare and miscellaneous expenses are slightly above average, at 94 and 90, but still contribute to the overall lower cost of living.
Wabash, Indiana, offers a cost of living that is notably lower than the nationwide average. The overall cost of living index for Wabash is 87, which is 13% below the national average of 100. This lower cost of living makes it an attractive option for those seeking more affordable living conditions. Housing costs in Wabash are particularly favorable, with an index of 76, representing a 24% reduction compared to the national average. This means that housing expenses in Wabash are significantly cheaper than the average American household.
In addition to housing, other aspects of living in Wabash also show cost savings. For example, groceries have an index of 92, which is 8% below the average. Utilities are at 87, which is 13% lower than the national average. Transportation costs are at 85, showing a 15% decrease. Healthcare costs are slightly above average at 94, but still represent a modest 4% increase. Miscellaneous expenses, like entertainment and personal care, are at 90, which is 10% below the national average. Overall, Wabash provides a cost-effective living environment with several key areas below the national average.
