Charlestown, MA, has a higher cost of living compared to the nationwide average. The housing index in Charlestown stands at 173, which is 73% higher than the national average of 100. Other categories like groceries and utilities also exceed the average, with indices of 125 and 112, respectively. This means residents in Charlestown can expect to spend more on essential living expenses.
Charlestown, MA, exhibits a higher cost of living compared to the nationwide average, which is set at 100. Housing costs in Charlestown are notably elevated, with an index of 173. This means that housing expenses are 73% higher than the national average. For job seekers considering Charlestown, this significant increase in housing costs is a critical factor to weigh in their relocation decisions.
Other areas of spending also show variations from the national average. Groceries in Charlestown have a cost of living index of 125, indicating a 25% higher expense than the average. Utilities, with an index of 112, are 12% more costly. Transportation costs, however, are slightly above the average at 106, which represents a 6% increase. Healthcare costs in Charlestown are relatively lower, with an index of 95, meaning they are 5% below the national average. Miscellaneous expenses, with an index of 120, are 20% higher than the average. These figures provide a clear picture of the cost differences for potential residents.