West Melbourne, FL, has a cost of living index that varies across different categories when compared to the nationwide average. Housing costs about 10% less, while groceries and utilities are roughly at the national average. Transportation and miscellaneous expenses also mirror the nationwide figures. Healthcare stands out with a 2% higher cost.
West Melbourne offers a relatively affordable living experience, particularly in housing and groceries. With the housing index at 90, it provides a significant saving of 10% compared to the nationwide average. Groceries and utilities follow closely behind at 95 and 98, respectively, offering minimal deviation from the average. Healthcare stands as the only category above average, at 102, indicating a slight increase in related expenses.
The cost of living in West Melbourne, FL, reflects a favorable balance when compared to the nationwide average, which is indexed at 100. Specifically, West Melbourne's housing index stands at 90, indicating that residents can expect to pay about 10% less for housing compared to the average American. This lower housing cost can be an attractive feature for those relocating for work or seeking to improve their quality of life with affordable housing options.
In addition to housing, other expenses in West Melbourne also compare positively to the national average. Groceries are priced at 95, meaning they cost 5% less than the nationwide figure. Utilities, at 98, are only 2% below the average, while transportation, at 97, remains close to the national norm with just a 3% reduction. Healthcare costs in West Melbourne are slightly above the average at 102, indicating a marginal increase of 2%. Miscellaneous costs are almost identical to the national average at 99, with an almost negligible difference. Overall, these figures suggest that living in West Melbourne can be both economically efficient and beneficial for those considering a move.
