Biscoe, NC, offers a cost of living that is notably lower than the nationwide average. The cost of living index for Biscoe stands at 88, which is 12% lower than the average of 100. This makes Biscoe an attractive option for those seeking more affordable living expenses.
Specifically, housing costs in Biscoe are 20% below the national average, while groceries and utilities are slightly above average. Transportation and miscellaneous costs also remain below the average, making Biscoe a cost-effective choice for many.
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 are notably lower, with an index of 80. This means that housing expenses in Biscoe are 20% less than the national average. For job seekers, this could translate into a more affordable living situation, allowing for greater financial flexibility in other areas.
In addition to housing, the cost of groceries in Biscoe stands at 95, which is 5% below the average. Utilities also remain relatively affordable, with an index of 90, indicating a 10% savings compared to the national average. Transportation costs are slightly lower, with an index of 85, meaning they are 15% less expensive. Healthcare costs in Biscoe match the national average at 100, offering no change in expenses. Miscellaneous costs are 88, which is 12% below the average. Overall, these figures suggest a cost of living in Biscoe that is generally more affordable than the national average.
