Bellingham, MA, exhibits a higher cost of living across multiple categories compared to the nationwide average, which is set at 100. Housing costs, for example, stand at 112, indicating that expenses in this area are 12% higher than the national average. Additionally, groceries in Bellingham are priced at 102, reflecting a modest 2% increase over the average.
Utilities and transportation in Bellingham are relatively close to the national average, with utilities at 97 and transportation at 95. Healthcare costs are slightly higher, at 105, which is 5% above the national benchmark. Overall, Bellingham’s cost of living reflects a well-rounded mix of higher expenses, particularly in housing and healthcare, balanced by other categories that hover near or slightly below the national average.
Bellingham, MA, showcases a cost of living index that reflects a nuanced financial landscape for its residents. Specifically, the housing index stands at 112, indicating that housing costs are 12% above the nationwide average. This suggests that potential residents might need to allocate more of their budget to find suitable living arrangements. The grocery index at 102 reveals a modest 2% increase over the national average, meaning that the price of everyday food items remains fairly comparable to other areas in the country.
In addition, the utilities index in Bellingham is at 97, which is 3% below the national average, offering a slight relief to residents on their monthly utility bills. Transportation costs, indexed at 95, show a 5% reduction compared to the nationwide average, presenting an opportunity for cost savings for those who rely on commuting or personal vehicles. Healthcare costs, with an index of 105, are 5% higher than the average, a factor that could impact budget planning for families and individuals. The miscellaneous category aligns with the national average at 100, indicating no significant deviation in the cost of other goods and services.