Davidson, NC, has a cost of living index that is slightly below the nationwide average. The overall index stands at 95, indicating that living expenses in Davidson are 5% lower than the national average. Housing costs in Davidson are nearly on par with the national average, with an index of 98. Groceries and miscellaneous expenses also remain close to the average, at 95 and 96, respectively. However, utilities are slightly higher, with an index of 102, and transportation costs are notably lower, at 90. Healthcare costs are also slightly below average, with an index of 94.
Davidson, North Carolina, offers a cost of living that is slightly lower than the nationwide average. The housing index in Davidson stands at 98, which means it is just 2% below the average. This makes housing in Davidson more affordable for those considering a move. Groceries in Davidson also cost less, with an index of 95, indicating a 5% savings compared to the national average.
Transportation costs in Davidson are notably lower, with an index of 90, which translates to a 10% reduction in expenses. This can be a significant advantage for those who rely on personal vehicles. Additionally, the healthcare index in Davidson is 94, which is 6% below the national average, offering potential savings in medical expenses. The miscellaneous category, with an index of 96, shows that other living expenses are also slightly below the average, providing a more economical living environment overall.
