The cost of living in Cherokee, NC, is notably lower than the nationwide average. The overall cost of living index for Cherokee is 89, which is 11% below the national average of 100. This lower cost of living makes Cherokee a more affordable option for housing, utilities, and other expenses.
Specifically, housing costs in Cherokee are 15% below the national average, while groceries and transportation are slightly above average. Utilities, healthcare, and miscellaneous costs are also below the national average, offering significant savings in these areas. This makes Cherokee an attractive location for those seeking a lower cost of living without sacrificing quality of life.
The cost of living in Cherokee, NC, presents a favorable picture for potential residents when compared to the nationwide average. The housing index stands at 85, which is 15% lower than the national average. This suggests that housing costs in Cherokee are more affordable, making it an attractive option for those looking to save on their living expenses. Additionally, groceries in Cherokee are priced at 95, which is only 5% above the national average. This indicates that food costs remain relatively close to the nationwide standard, offering a balanced budget for groceries.
Utilities in Cherokee are at 90, which is 10% below the national average. This means that residents can expect lower utility bills compared to the average American. Transportation costs in Cherokee, with an index of 92, are just 2% higher than the national average, making commuting and transportation expenses quite comparable. Healthcare costs, at 88, are 12% lower than the average, which can be a significant advantage for those seeking affordable medical care. Lastly, the miscellaneous cost index of 87 is 13% lower than the national average, indicating that other living expenses are also more affordable in Cherokee. Overall, Cherokee offers a cost of living that is notably lower than the national average in several key areas.