The cost of living index in Durham, NH, shows that housing costs are 50% higher than the nationwide average. This is due to the housing index being at 150. Other categories like groceries and healthcare also exceed the national average, with groceries at 10% higher and healthcare at 20% higher. These increases suggest that living in Durham may be more expensive overall than in many other parts of the country.
Durham, New Hampshire, has a cost of living index that presents both advantages and challenges for potential residents. When compared to the nationwide average, which is indexed at 100, Durham shows a notably higher housing cost at 150. This means housing expenses in Durham are 50% higher than the national average. Despite this, the cost for groceries remains slightly elevated at 110, showing a 10% increase. Utilities and healthcare also reflect above-average costs, standing at 105 and 120, respectively, which translates to a 5% and 20% rise compared to the nationwide standard.
On the positive side, transportation costs in Durham are relatively lower, indexed at 95, indicating a 5% reduction from the national average. Miscellaneous expenses remain on par with the nationwide average, as indicated by the index of 100. This diverse mix of costs can influence decisions for those considering a move to Durham, balancing higher housing and healthcare expenses against lower transportation costs. Job seekers should weigh these factors carefully to determine if Durham aligns with their financial expectations.
