Globe, AZ shows a cost of living index that is notably lower than the nationwide average. Housing costs, for example, stand at 75, which is 25% less than the national benchmark of 100. This reduced cost makes Globe an attractive option for those seeking more affordable living expenses.
Additionally, while some categories like groceries and utilities are slightly below the national average at 90 and 95 respectively, they still offer significant savings. Groceries cost 10% less, and utilities are 5% lower, both offering financial relief. Overall, Globe provides a more affordable living experience across several key areas.
Job seekers considering Globe, Arizona, will find the cost of living to be notably lower than the nationwide average. The cost of living index in Globe stands at 85, which is 15% below the national benchmark of 100. This decrease is primarily due to housing, which costs 25% less than the average. While groceries remain close to the national average at 90, utilities are slightly above at 95.
Transportation in Globe costs 15% less than the national average, making it an affordable option for those who commute. Healthcare costs are equal to the national average at 100, ensuring that job seekers do not need to worry about medical expenses being unusually high. Miscellaneous costs are also 20% below the national average, adding to the overall affordability. These factors combine to create a cost of living in Globe that is attractive to many job seekers looking for more affordable living options.