The cost of living index in Florence, OR, highlights notable differences when compared to the nationwide average, which is set at 100. Specifically, the housing index stands at 125, indicating a 25% higher expense in this area compared to the national average. Groceries, utilities, transportation, healthcare, and miscellaneous expenses also show variations, but housing remains the most significant outlier.
Exploring further, Florence residents face 5% higher grocery costs and 10% more for healthcare. Utilities are 5% lower, and both transportation and miscellaneous costs align closely with the nationwide index. These differences offer valuable insights for job seekers considering relocation to Florence, emphasizing the need to account for these variances in their budget planning.
Florence, Oregon, has a higher cost of living in certain areas compared to the nationwide average, which is set at 100. Notably, the housing index stands at 125, indicating that housing costs in Florence are 25% higher than the national average. This increased expense could impact potential residents' decisions, especially if they are considering long-term housing options.
In other areas, Florence's cost of living is more aligned with the national average. For example, groceries have an index of 105, meaning they are 5% higher than average. Utilities, at 95, are 5% lower, potentially offsetting some of the higher housing costs. Transportation costs are also slightly lower, with an index of 90, meaning they are 10% below the national average. Healthcare costs in Florence are 10% above the average, with an index of 110. Miscellaneous expenses match the national average at 100, offering no additional financial burden or benefit. These variations provide a clearer picture for job seekers weighing their options in Florence, OR.
