Graham, NC, offers a cost of living that is notably lower than the nationwide average. The overall cost of living index for Graham is 88, which is 12% below the national average of 100. This makes Graham an attractive option for those seeking more affordable living expenses.
Specifically, housing costs in Graham are 20% below the national average, while groceries and utilities are slightly above average. Transportation, healthcare, and miscellaneous costs also remain close to the national average, providing a balanced and cost-effective living environment.
Graham, North Carolina, offers a cost of living that is notably lower than the nationwide average. The cost of living index for Graham stands at 86, which is 14% below the national average of 100. This lower index means that residents can expect to spend less on their overall living expenses. Housing, for instance, is 20% cheaper in Graham compared to the national average, making it an attractive option for those looking to save on their housing costs.
In addition to housing, other areas such as groceries, utilities, transportation, healthcare, and miscellaneous expenses also reflect a lower cost of living in Graham. Groceries cost 5% less, utilities are 10% cheaper, and transportation expenses are 8% lower than the national average. Healthcare costs are 12% below the national average, and miscellaneous expenses are 15% cheaper. These savings across various categories make Graham an appealing choice for individuals and families seeking a more affordable lifestyle without compromising on essential services.
