The cost of living in Cherokee, NC, is notably lower than the nationwide average, which is set at 100. Each category on the graph reflects this trend, with housing at 92, groceries at 95, utilities at 88, transportation at 90, healthcare at 97, and miscellaneous costs at 85. Overall, living in Cherokee offers a more affordable lifestyle compared to the national average.
The cost of living in Cherokee, North Carolina, presents a favorable comparison to the nationwide average. According to the available data, Cherokee's housing index stands at 92, which is slightly below the national benchmark of 100. This means residents can expect to spend approximately 8% less on housing compared to the average American. Additionally, the grocery cost in Cherokee is at 95, suggesting a 5% savings for those who shop for food.
Utilities in Cherokee show an index of 88, which indicates an 12% reduction in expenses when compared to the average. Transportation costs are slightly lower as well, with an index of 90, offering a 10% discount. Healthcare in Cherokee slightly exceeds the national average with an index of 97, translating to a 3% higher cost. Lastly, miscellaneous expenses are at 85, reflecting a 15% savings. These figures suggest that, overall, Cherokee provides a cost-effective living environment with several categories below the national average.
