Graham, North Carolina, features a cost of living index that is generally lower than the nationwide average of 100. The housing index of 85 indicates that housing costs in Graham are 15% lower than the national average. Additionally, utilities stand at 95, suggesting costs are only 5% higher than the national average.
Other areas such as groceries (90), transportation (92), healthcare (88), and miscellaneous expenses (87) also show that living in Graham tends to be cheaper than the national average in most categories. This makes Graham an attractive option for budget-conscious job seekers.
Job seekers considering Graham, North Carolina, will find the cost of living index to be notably lower than the national average. According to recent data, the overall cost of living in Graham is 89, with a nationwide average indexed at 100. This indicates that, on average, living expenses in Graham are 11% lower than in other parts of the country.
Breaking down the cost of living index, housing stands at 85, which means housing costs are 15% below the national average. Groceries are slightly higher at 90, indicating they are just 10% below average. Utilities also remain close to the national average, with an index of 95, showing a 5% decrease. Transportation costs are at 92, which is 8% lower than average. Healthcare expenses sit at 88, indicating an overall reduction of 12% compared to the national standard. Miscellaneous costs are at 87, reflecting a 13% decrease from the nationwide average. These statistics paint a favorable picture for those looking to manage their budgets more effectively in Graham, North Carolina.
