Durham, NH, presents a cost of living index that surpasses the nationwide average in several categories. Housing costs, for instance, stand at 128, indicating an 28% increase compared to the average. Groceries and healthcare also show elevated prices at 110 and 115 respectively. However, transportation costs are lower at 95, offering a slight relief. Despite the higher costs in housing and groceries, the overall cost of living in Durham remains competitive for job seekers. Utilities and miscellaneous costs hover around the average, with utilities at 105 and miscellaneous at 102. This balanced distribution suggests that while some areas may require more budget, others remain affordable.
The cost of living index in Durham, New Hampshire, shows that residents face higher expenses in several key areas compared to the national average, which is set at 100. Housing costs stand at 128, meaning they are 28% higher than the nationwide average. This increase indicates that finding affordable housing can be more challenging for those moving to or living in Durham.
Other areas like groceries and healthcare also exhibit higher costs. The grocery index is at 110, showing a 10% increase in what residents pay for food. Similarly, healthcare costs are 15% higher, with an index of 115. While utilities and transportation are relatively close to the national average, with indices of 105 and 95 respectively, and miscellaneous costs are slightly below at 102, the overall picture suggests that Durham residents experience notably higher costs in essential areas. These higher expenses should be considered by job seekers and families evaluating relocation to this area.