The cost of living in Georgetown, MA, exceeds the nationwide average by 50%. This increase includes higher prices for housing, groceries, utilities, and miscellaneous expenses. Despite lower costs for transportation and healthcare, the overall index still surpasses the national benchmark. Specifically, housing costs in Georgetown stand at 150%, meaning they are 50% higher than the national average. Groceries, utilities, and miscellaneous items also see significant markups, with indexes of 110%, 120%, and 115% respectively. However, transportation and healthcare remain relatively closer to the average, with indexes of 105% and 95%.
Georgetown, MA, presents a higher cost of living compared to the nationwide average in several key areas. Housing costs in Georgetown are notably higher, standing at 150% of the national average. This means residents can expect to spend 50% more on housing compared to the average American. Grocery expenses also exceed the national average, with a cost index of 110%. This indicates an 10% increase in grocery prices.
Utilities in Georgetown are 20% higher than the national average, reflected in a cost index of 120. Transportation costs are slightly above the average, at 105%, which is a modest 5% increase. Healthcare costs in Georgetown are relatively lower, at 95% of the national average, representing a 5% decrease. Miscellaneous expenses also show a slight increase, with a cost index of 115%, which is 15% higher than the average. These factors combined paint a picture of Georgetown’s cost of living being generally higher than the national average in several important categories.
