Carthage, TX, offers a cost of living that is notably lower than the nationwide average. The overall cost of living index for Carthage stands at 89, which is 11% below the national average of 100. This makes Carthage an attractive option for those seeking more affordable living expenses without sacrificing quality of life.
Specifically, housing costs in Carthage are 18% below the national average, while groceries and utilities are slightly above average. Transportation, healthcare, and miscellaneous expenses also remain close to the national average, providing a balanced and cost-effective living experience.
Carthage, TX, offers a cost of living that is notably lower than the nationwide average. The housing index in Carthage stands at 82, which is 18% below the national average. This means that housing costs in Carthage are significantly more affordable, making it an attractive option for those looking to save on their living expenses. Additionally, the groceries index is 95, only 5% below the average, suggesting that food costs remain relatively close to the national standard.
Utilities in Carthage are priced at 93, which is 7% below the average, indicating minor savings in this area. Transportation costs are at 90, also 10% below the average, offering another area where residents can expect to spend less. Healthcare costs are at 90, matching the national average, which means there is no significant difference in healthcare expenses. Lastly, the miscellaneous cost index is 88, which is 12% below the average, providing further savings in everyday expenses. Overall, Carthage presents a cost of living that is 12% below the national average, making it a financially prudent choice for many.