The cost of living index in Ferndale, WA, shows a slightly higher expense compared to the nationwide average of 100. Ferndale’s housing costs stand at 120, indicating a 20% increase over the national average. This rise in housing prices significantly impacts the overall cost of living, making Ferndale more expensive in this key area.
Utilities in Ferndale are relatively lower, at 95, which is a 5% decrease from the national average. Groceries and transportation also show modest increases, with indices of 105 and 110, respectively. Healthcare and miscellaneous costs align with the national average at 100, suggesting that these areas remain stable in terms of cost.
The cost of living in Ferndale, WA, shows some areas that are higher than the nationwide average, while others are lower. For example, housing costs in Ferndale are 20% higher than the national average, with an index of 120 compared to 100. People planning to move to Ferndale should be prepared for higher housing expenses. Groceries also cost 5% more, with an index of 105, meaning shoppers will spend slightly more on food items than the average American.
On the other hand, Ferndale has some areas where costs are lower. Utilities cost 5% less, with an index of 95, offering some savings in daily household expenses. Healthcare costs are also 10% below the national average, with an index of 90, which can be a significant factor for those considering this location. Transportation costs are slightly higher, at 10%, with an index of 110. Overall, Ferndale has a mixed picture of costs, with both increases and decreases compared to the nationwide average.