The cost of living index in Canton, NC, shows a generally lower cost compared to the nationwide average, which is set at 100. Housing costs in Canton are 15% below the national average, while groceries and utilities are slightly below the average at 2% and 5% respectively. This makes Canton a more affordable place for housing and utilities, though groceries and transportation remain close to the national average.
The cost of living in Canton, North Carolina, presents a favorable comparison to the nationwide average, which is set at 100. Housing costs in Canton stand at 85, indicating that residents can expect to pay about 15% less than the national average. This reduction in housing expenses can be a significant advantage for those relocating to Canton, offering more affordability without compromising on quality of life.
In other areas, Canton's cost of living remains close to the national average. For groceries, the index is 98, which means prices are only 2% below the average. Utilities cost 95, slightly under the national average by 5%, while transportation costs are at 90, reflecting a 10% savings. Healthcare costs in Canton match the national average at 100, ensuring no extra burden in this critical area. Miscellaneous expenses are at 92, which is 8% less than the national average. Overall, Canton provides a balanced cost of living that is generally lower than the national average, making it an attractive option for many.
