Bath, ME, features a cost of living index slightly below the nationwide average. Specifically, it registers at 98.5, which means residents generally spend about 1.5% less on a mix of housing, groceries, utilities, transportation, healthcare, and miscellaneous expenses compared to the national average of 100.
Each category plays a role in this calculation. Housing is relatively affordable, with Bath at 95, while utilities match the national average at 100. Groceries and transportation are just under the average at 98 and 97, respectively. Healthcare slightly exceeds the national average at 102, and miscellaneous costs are at par with the nationwide average at 99.
The cost of living in Bath, ME, offers a relatively favorable comparison to the nationwide average, which is set at 100. Bath’s housing index is 95, indicating that housing costs in Bath are about 5% less than the national average. This makes Bath an attractive option for those looking for more affordable living arrangements.
In terms of groceries, Bath has an index of 98, which is 2% below the national average. This suggests that residents in Bath can expect to spend slightly less on food than the average American. Utilities in Bath are on par with the national average at 100, meaning the cost is about the same as elsewhere in the country. Transportation costs are slightly lower at 97, which is 3% below average, potentially saving residents money on commuting and personal vehicles. Healthcare in Bath, however, is slightly higher at 102, meaning costs are about 2% above the national average. Miscellaneous expenses also hover around the national average at 99, indicating minimal variance in day-to-day spending. Overall, Bath offers a mix of lower and comparable costs, making it a practical choice for many budget-conscious individuals.