The cost of living index in Belmont, NH, shows that housing costs are 8% below the nationwide average of 100. Belmont's overall living expenses are close to the national norm, making it a competitive option for job seekers. Belmont’s cost of living index, averaging at 97, indicates it is 3% less expensive than the average U.S. city. This suggests that residents might find savings, especially in housing, making it an attractive choice for those relocating or seeking new employment opportunities.
The cost of living index in Belmont, NH, presents a favorable comparison to the nationwide average. Belmont's housing costs are 92% of the national average, making it one of the more affordable areas to live in. This means that housing expenses for residents are 8% lower than the average American home. Additionally, groceries in Belmont are priced at 98% of the national average, reflecting minimal variance and providing residents with similar purchasing power.
Utilities, another significant expense, stand at 99% of the national average in Belmont. This figure indicates that utility costs are nearly the same as the nationwide average, offering a slight edge to residents. Transportation costs are slightly lower, with a 95% index, making Belmont 5% more affordable in this category compared to the rest of the country. Healthcare costs are marginally higher at 101%, slightly surpassing the national average. Miscellaneous expenses also align closely with the national average at 97%, showing only a minor difference. Overall, Belmont presents a cost of living that is quite competitive and, in some areas, more affordable than the national standard.
