Watkins Glen, NY, has a lower cost of living index compared to the nationwide average of 100. Housing prices in Watkins Glen stand at 85, indicating an 15% reduction from the national average. However, areas like groceries and utilities are close to the national average, suggesting that while housing is affordable, other living expenses remain competitive.
Watkins Glen, NY, offers a cost of living that is slightly lower than the nationwide average, which is set at 100. Specifically, the housing index in Watkins Glen stands at 85, indicating that housing costs are about 15% lower than the average. This makes it a more affordable option for those seeking to reduce their housing expenses. Additionally, the transportation index at 88 suggests that costs related to commuting and vehicle ownership are also lower, at around 12% below the national average.
In contrast, the grocery index in Watkins Glen is 95, only 5% below the nationwide average. This means that food costs are relatively close to what one would expect across the country. Utilities follow closely at 90, representing a 10% lower expense compared to the average. Healthcare costs are slightly higher, at 93, which is just 7% below the national average, indicating that medical services are fairly affordable. The miscellaneous index at 92 shows that other living expenses are also only 8% below the average, making Watkins Glen a balanced choice for those looking to manage their budget effectively.