The cost of living index in Globe, AZ, shows a generally lower cost compared to the nationwide average, which is 100. Housing stands at 85, indicating it is 15% less expensive than the national average. Other categories like groceries, utilities, transportation, healthcare, and miscellaneous expenses are close to the national average, with some slight variations.
Overall, Globe, AZ, offers a more affordable living environment, particularly in housing, making it an attractive option for job seekers looking to minimize living expenses.
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 85, indicating that residents can expect to pay about 15% less than the national average for housing. This lower housing index can be a significant advantage for those looking to relocate or purchase a home in Globe, as it provides a more affordable option without compromising on quality of life.
In other areas, Globe also shows competitive costs. Groceries cost 95, which is 5% less than the national average. Utilities are at 90, meaning residents pay 10% less for essential services. Transportation costs are slightly higher at 95, but still only 5% above the national average. Healthcare costs are notably low, with an index of 98, indicating a mere 2% increase over the national average. Miscellaneous expenses are at 92, which is 8% below the national average. Overall, Globe offers a cost of living that is generally lower than the national average, making it an attractive option for many.
