The cost of living index in Beacon, NY, shows that housing costs are 20% higher than the nationwide average, while groceries and utilities are slightly above average. Transportation, healthcare, and miscellaneous costs also exceed the national average by 10%, 0%, and 15%, respectively. This data suggests that living in Beacon, NY, involves higher expenses in several key areas compared to the national average.
The cost of living in Beacon, NY, compared to the nationwide average, shows some notable differences. Housing costs are 20% higher than the national average, with an index of 120. This means that housing expenses in Beacon are significantly more than the average American household might spend. Groceries in Beacon are 5% higher, with an index of 105, indicating that food costs are slightly above the national average. Utilities, however, are 5% lower, with an index of 95, offering some relief for residents.
Transportation costs in Beacon are 10% higher than the national average, with an index of 110. This suggests that commuting and vehicle-related expenses are more than what most people might expect. Healthcare costs are on par with the national average, with an index of 100, meaning there is no significant difference in healthcare expenses. Miscellaneous costs, including items like clothing and entertainment, are also 15% higher, with an index of 115. Overall, while Beacon offers some savings in utilities, the higher costs in housing, groceries, transportation, and miscellaneous items make the total cost of living notably higher than the national average.
