The cost of living index in Biscoe, NC, shows a generally lower cost of living compared to the nationwide average, which is set at 100. Housing costs in Biscoe stand at 85, indicating a 15% lower expense compared to the national average. Additionally, utilities and miscellaneous costs are also slightly lower, at 90 and 88, respectively.
However, groceries and healthcare costs in Biscoe are close to the national average, with groceries at 95 and healthcare at 100. Transportation costs also mirror the national average at 90. This mix of lower and comparable costs makes Biscoe a potentially attractive option for those seeking a more affordable living environment.
The cost of living in Biscoe, North Carolina, presents a favorable comparison to the nationwide average, which is set at 100. Housing costs in Biscoe stand at 85, which is 15% lower than the national average. This makes housing more affordable for residents and job seekers considering a move to Biscoe. Lower housing costs can lead to significant savings, allowing individuals to allocate more of their budget to other essential expenses or savings.
In other areas, Biscoe also shows competitive costs. Groceries cost 95, which is 5% below the national average. Utilities cost 90, which is 10% lower. Transportation costs are also 90, matching the utilities cost. These figures indicate that daily living expenses in Biscoe are generally lower than the national average, providing a more budget-friendly environment for residents. Healthcare costs remain at par with the national average at 100, ensuring that medical expenses do not disproportionately affect the cost of living. Overall, Biscoe offers a cost-effective living situation with several expenses below the national average.
