The cost of living index in Edenton, NC, is notably lower than the nationwide average, which stands at 100. Edenton’s overall cost of living index, combining various categories such as housing and utilities, is around 91, indicating an 8% lower cost of living. This makes Edenton an attractive location for job seekers and families looking for affordable living without sacrificing quality of life.
Edenton offers a more budget-friendly option in several areas compared to the national average. Housing costs 16% less, while groceries and healthcare are close to the average. Utilities also remain slightly below the national average at 8%, providing further savings. This combination of affordability and accessibility makes Edenton an excellent choice for those seeking a lower cost of living.
Edenton, North Carolina, offers a cost of living that generally remains below the nationwide average. With a cost of living index of 84, residents can expect to spend about 16% less than the average American. This lower index is particularly noticeable in housing, where Edenton's index sits at 84, indicating that housing costs are quite affordable compared to other parts of the country.
In contrast, while some areas such as groceries and healthcare have indices slightly above the national average, they do not significantly impact the overall cost of living. Groceries in Edenton have an index of 95, meaning they cost 5% more than the nationwide average. Healthcare, at an index of 98, is 2% more expensive. Transportation and utilities also maintain close to the national average, with indices at 90 and 92, respectively. Miscellaneous expenses, like entertainment and personal care, have an index of 85, suggesting they are 15% cheaper than the national average. Overall, Edenton presents a favorable cost of living for those looking to manage their expenses efficiently.
