Dracut, MA, shows a cost of living index that surpasses the nationwide average of 100 in several key areas. Specifically, housing costs are 16% higher, groceries are 5% more expensive, and transportation costs are 10% above the national average. On the other hand, utilities and miscellaneous expenses are slightly below the average, while healthcare costs mirror the nationwide average closely.
Despite these variations, the overall cost of living in Dracut remains competitive, with the total index at 105, which is 5% above the national average. This balance makes it important for job seekers to consider these differences when evaluating employment opportunities in Dracut.
The cost of living in Dracut, Massachusetts, shows some differences compared to the nationwide average, which is set at 100. Housing costs in Dracut are 16% higher, with an index of 116. This means that, on average, housing expenses are about a sixth more expensive than the national average. Groceries in Dracut follow closely behind, with costs at 5% above the average, indexed at 105. While not drastically high, this is still a noticeable increase for residents.
Utilities in Dracut are slightly below the national average, with an index of 97. This represents a 3% decrease from the average. Transportation costs in Dracut are 10% higher than the nationwide average, indexed at 110. Healthcare and miscellaneous expenses also show slight increases, with indices of 109 and 102 respectively. These indices indicate a 9% and 2% rise in these areas compared to the national average. Together, these figures present a clear picture of the cost of living in Dracut, highlighting both the challenges and the relatively affordable aspects for potential residents.