Carrboro, NC, has a higher cost of living compared to the nationwide average. The overall cost of living index in Carrboro is 103, which is 3% higher than the national average of 100. Housing costs in Carrboro are 12% above the national average, while groceries are 4% higher. Utilities and healthcare are slightly below the national average, at 2% and 5% lower, respectively. This data helps job seekers understand the financial landscape of Carrboro.
Carrboro, North Carolina, shows a cost of living index that varies across different categories when compared to the nationwide average. Housing costs in Carrboro stand at 112, which is 12% higher than the national average. This means that expenses related to renting or buying a home in Carrboro are significantly above the average, making it an important factor for job seekers to consider.
Other areas such as groceries, utilities, and miscellaneous expenses also reflect a higher cost of living. Groceries in Carrboro are priced at 104, which is 4% above the national average. Utilities, which include electricity, gas, and water, are at 98, showing a slight decrease of 2% compared to the national average. Miscellaneous costs, which can include items like clothing and entertainment, are at 102, indicating a 2% increase. Transportation costs, however, align with the national average at 100, offering some balance. Healthcare costs in Carrboro are slightly lower, at 95, which is 5% below the national average. This mix of costs provides a comprehensive view of what potential residents might expect when considering a move to Carrboro.