Fairhaven, MA, shows a higher cost of living compared to the nationwide average. The cost of living index in Fairhaven stands at 108, which is 8% higher than the national average of 100. Housing costs are the most significant, with an index of 120, indicating a 20% increase over the national average. This data suggests that job seekers should consider these higher living expenses when evaluating opportunities in Fairhaven.
Fairhaven, MA, presents a cost of living that is notably higher than the nationwide average. The cost of housing in Fairhaven stands at 120, which is 20% above the national average. This means that housing expenses in Fairhaven are significantly higher, making it a key consideration for potential residents. Groceries in Fairhaven are also slightly elevated, with an index of 105, reflecting a 5% increase over the national average. This indicates that while groceries are not excessively expensive, they still contribute to the overall higher cost of living in the area.
Transportation costs in Fairhaven are 10% higher than the national average, with an index of 110. This suggests that commuting and other transportation-related expenses are more costly compared to the rest of the country. Utilities, however, are slightly below the national average, with an index of 95, meaning residents can expect to pay 5% less for utilities. Healthcare costs in Fairhaven are close to the national average, with an index of 102, indicating a minimal increase of 2%. Miscellaneous expenses also mirror the national average, with an index of 98, showing a slight decrease of 2%. Overall, Fairhaven's cost of living is higher than the national average, particularly in housing and groceries, which are the most significant factors for job seekers to consider.