Davidson, NC, shows a cost of living index that is slightly below the nationwide average. Housing, groceries, and utilities each have indices of 95, while transportation stands at 98. Healthcare costs are at 92, and miscellaneous expenses match the national average of 100. Overall, the cost of living in Davidson is about 95% of the national average, making it a relatively affordable place to live.
Davidson, North Carolina, offers a cost of living that is slightly below the nationwide average. The housing index stands at 95, indicating that housing costs are 5% lower than the average. This makes it a more affordable option for those looking to settle in the area. Groceries in Davidson are also priced at 90, which is 10% less than the national average. This suggests that everyday food expenses can be managed more easily here.
Utilities in Davidson are at 95, which is 5% below the national average. This means that expenses related to electricity, gas, and water are slightly lower than what one might find in other parts of the country. Transportation costs are slightly higher, with an index of 98, indicating a 2% increase. Healthcare costs are at 92, which is 8% lower than the national average. This can be a significant factor for those considering relocation. Overall, the miscellaneous cost index is at 100, matching the national average, showing that other expenses are in line with the rest of the country.
