Charlton, MA, stands out with a higher cost of living index compared to the nationwide average. Specifically, the Housing index rises to 110%, while Groceries also increase slightly to 105%. The Utilities index remains close to average at 95%, and Transportation mirrors the national figure at 105%. Healthcare costs significantly exceed the average at 120%, and Miscellaneous expenses stay level with the national average of 100%. This data highlights that residents in Charlton face higher expenses, particularly in Housing and Healthcare. Understanding these figures can assist job seekers in budgeting and planning their relocation to Charlton, ensuring they make informed financial decisions.
Charlton, MA, presents a higher cost of living compared to the nationwide average, which is set at 100. Housing costs in Charlton are notably 10% higher, with an index of 110. This suggests that residents might spend more on rent or mortgage payments than the average American. Additionally, grocery costs stand at 5% above the national average, indexed at 105, indicating that everyday food expenses are slightly elevated.
Furthermore, transportation costs mirror the national average, also indexed at 105, meaning these expenses are neither significantly higher nor lower than in other areas across the country. Utilities, however, are 5% lower than the national average, with an index of 95, which could provide some relief for residents. Healthcare costs are markedly higher in Charlton, with an index of 120, representing a 20% increase over the national average. This significantly impacts overall living expenses. Miscellaneous costs remain on par with the national average, indexed at 100, suggesting no notable difference in other expenses.
