The cost of living index in Globe, AZ, is notably lower than the nationwide average, which is set at 100. Specifically, Globe's overall cost of living index stands at 91, reflecting a 9% reduction compared to the national average. This lower cost of living makes Globe an attractive option for job seekers looking to maximize their purchasing power.
The cost of living in Globe, AZ, presents a favorable comparison to the nationwide average, which is set at 100. Housing costs in Globe stand at 83, indicating that residents spend 17% less on housing compared to the national average. This lower housing expense can be a significant advantage for those looking to relocate or start a new life in Globe.
In addition to housing, other living expenses in Globe also show competitive rates. Groceries, for example, are priced at 94, which means they are 6% cheaper than the national average. Utilities, at 95, are just 5% below the average, while transportation costs are at 89, reflecting an 11% savings. Healthcare costs in Globe are at 96, only 4% above the national average, and miscellaneous expenses are at 92, which is 8% less than the average. These figures collectively suggest that Globe, AZ, offers a cost-effective living environment for many essential expenses.
