Belmont, NH, showcases a cost of living 10% above the nationwide average. Housing prices lead this increase, with an index of 120 compared to the national standard of 100. Despite this, housing remains relatively accessible, as groceries and utilities stay close to the national average at 105 and 95, respectively.
Transportation costs in Belmont are more affordable at 90, while healthcare expenses are 10% higher at 110. Miscellaneous costs are just 2% above the average, at 102. This mix provides job seekers with a balanced view of living expenses in Belmont.
Belmont, New Hampshire, showcases a cost of living index that generally exceeds the nationwide average, which is set at 100. Specifically, housing costs in Belmont stand at 120, indicating that housing expenses are 20% higher than the national median. This figure highlights that potential residents may need to allocate a larger share of their budget to secure a place to live in Belmont.
In other areas, Belmont's cost of living also differs noticeably from the average. For instance, grocery prices are at 105, which is 5% above the national average. Utilities, however, remain slightly more affordable with an index of 95, meaning they cost 5% less than the national average. Transportation costs in Belmont are 10% lower than the average at 90, offering some relief for those relying on cars. Healthcare costs are slightly elevated at 110, reflecting a 10% increase over the average. Lastly, miscellaneous expenses sit at 102, indicating a modest 2% rise over the national average. Overall, Belmont presents a varied cost of living experience with some areas being notably more expensive and others more affordable compared to the nationwide benchmark.
