Burgaw, NC has a lower cost of living compared to the nationwide average. The cost of living index for Burgaw stands at 88.3, meaning it costs about 11.7% less than the average. Lower housing and transportation costs are the main factors driving this difference. The housing index in Burgaw is 80, which is 20% below the nationwide average of 100.
The cost of living index in Burgaw, North Carolina, reveals interesting insights for potential residents. Housing costs in Burgaw are notably lower, with an index of 80 compared to the nationwide average of 100. This means that housing expenses in Burgaw are 20% less than the national average, making it an attractive option for those seeking affordable living arrangements.
When it comes to groceries, Burgaw aligns closely with the national average, having an index of 95. This indicates that grocery costs are only 5% below the nationwide average, suggesting that residents can find reasonably priced food supplies. Utilities, with an index of 90, show that these costs are 10% lower than the average across the country. Transportation costs reflect a similar trend, with an index of 85, meaning they are 15% less than the national average. Healthcare costs in Burgaw mirror the national average at 100, providing peace of mind for those concerned about medical expenses. Lastly, miscellaneous costs have an index of 92, indicating they are 8% below the national average. Overall, Burgaw offers a cost of living that is generally lower than the national average, with some categories offering significant savings.
