The cost of living in Durham, NH, significantly surpasses the nationwide average, which stands at 100. Housing costs are notably higher, at 27% above the national average. Groceries also show a rise of 5%, while healthcare costs increase by 10%. Utilities and transportation costs align with the national average, and miscellaneous expenses are slightly above at 2%. This detailed data helps job seekers understand the financial landscape of Durham, NH.
The cost of living index in Durham, New Hampshire, reveals some notable differences compared to the nationwide average, which is set at 100. Housing costs in Durham stand at 127, suggesting that residents can expect to spend about 27% more on housing compared to the national average. This higher cost could influence the overall budget for those considering relocation or starting a new job in the area. Groceries, another essential expense, are slightly above the national average at 105, meaning a 5% increase in grocery bills compared to the rest of the country.
Transportation costs in Durham come in at 95, indicating that the cost to get around is about 5% lower than the national average. This could be a saving grace for those who rely on personal vehicles. Healthcare costs are also above average at 110, showing a 10% increase, which might be an important consideration for families. Lastly, the miscellaneous costs are at 102, just 2% higher than the national average, showing relatively minor differences in other daily expenses. Overall, while some areas like housing and healthcare are higher, transportation costs offer a slight advantage for those living in Durham.