The cost of living index in Gorham, ME, stands at 97 when compared to the nationwide average of 100. This indicates that overall, living expenses in Gorham are slightly below the national median. Specifically, housing costs, at 97, mirror the general cost of living index, while groceries cost 2% more than the national average, utilities are 5% lower, transportation costs align closely with the national average at 98, healthcare costs are at par, and miscellaneous expenses are 8% less. This data presents a balanced view of the affordability and potential savings in Gorham for those considering relocation.
Gorham, Maine, showcases a cost of living index that stands slightly below the nationwide average. The housing index in Gorham is at 97, which is 3% less than the national average of 100. This means housing in Gorham costs about 3% less than the average cost nationwide.
When looking at other expenses, Gorham's grocery index slightly exceeds the national average, sitting at 102. This means groceries cost about 2% more than the national average. Utilities in Gorham are at 95, indicating a 5% reduction in costs compared to the national average. The transportation index in Gorham is 98, slightly under the national average. Healthcare costs in Gorham match the nationwide average at 100, offering no change in cost. Miscellaneous expenses in Gorham are at 92, which is 8% less than the national average. This combination of indexes shows that while some costs are slightly higher, overall living expenses in Gorham remain competitive compared to the national average.