Fairhaven, MA, shows a higher cost of living compared to the nationwide average across several categories. Housing costs are particularly elevated, with an index of 120, representing a 20% increase over the national average. Groceries, utilities, transportation, healthcare, and miscellaneous expenses also exceed the national average by 4%, 10%, 5%, and 2%, respectively. Despite these higher costs, Fairhaven offers a distinct quality of life that may justify the expenses for many residents. Understanding these figures can help job seekers make informed decisions when considering relocation to Fairhaven.
The cost of living in Fairhaven, Massachusetts, stands higher than the nationwide average in several key areas. Housing costs in Fairhaven are 20% higher, with an index of 120 compared to the national average of 100. This increase suggests that potential residents may need to budget more for housing. Groceries in Fairhaven are 4% above the average, with an index of 104. While not drastically higher, this can add up over time, impacting monthly expenses.
In other areas, Fairhaven remains relatively close to the national average. Utilities cost 10% less, with an index of 90. This is a positive factor for those looking to manage their spending. Transportation costs are 5% below the national average, at 95. Healthcare, however, is 10% above average, with an index of 110. This highlights the need for careful planning in healthcare budgets. Miscellaneous expenses are also 2% higher, with an index of 102. These varying costs provide a clear picture for those considering a move to Fairhaven.
