The cost of living index in Gloucester, VA, shows a generally lower cost compared to the nationwide average, which is set at 100. Housing costs in Gloucester are notably lower, at 78, while groceries and healthcare are close to the average, with indices of 95 each. Utilities and transportation also remain near the national average, with indices of 100 and 92, respectively. However, miscellaneous expenses are slightly lower, at 90.
The cost of living in Gloucester, VA, presents a favorable comparison to the nationwide average, which is set at 100. Notably, housing costs in Gloucester stand at 78, which is 22% lower than the national average. This makes housing more affordable for residents, potentially freeing up more of their budget for other essentials or savings.
In other areas, Gloucester's cost of living remains close to the national average. Groceries are priced at 95, just 5% below the average. Utilities match the national average at 100, meaning there is no additional cost burden here. Transportation costs are slightly lower, at 92, which is 8% less than the average. Healthcare costs are also at 95, only 5% below the national average. Miscellaneous expenses, however, are at 90, which is 10% lower than the average. Overall, Gloucester offers a more affordable living experience in several key areas.
