Graham, North Carolina, offers a cost of living that is slightly below the nationwide average. Specifically, the cost of living index stands at 93. This places Graham 7% below the benchmark of 100. Each category shows differences, with housing being 10% cheaper and transportation 15% cheaper, but healthcare is only 2% below the average.
Job seekers relocating to Graham will find that most expenses are more affordable. Groceries and utilities match closely with the national average, while miscellaneous costs are slightly lower at 8% below the national average. Overall, Graham presents an attractive option for those seeking a more economical living environment.
The cost of living index in Graham, North Carolina, presents a favorable comparison to the nationwide average, which stands at 100. Notably, Graham's housing costs sit at 90, which means housing here is about 10% cheaper than the national average. This lower cost can make it easier for job seekers to find affordable places to live, allowing more of their budget to be allocated to other necessities or savings.
In other areas, Graham also offers competitive rates. Groceries are priced at 95, indicating a 5% savings on food expenses. Utilities are equal to the national average, at 100, meaning there are no additional costs or savings on this front. Transportation costs are slightly lower, with an index of 85, which translates to a 15% reduction compared to the nationwide average. Healthcare services are close to the national average at 98, which suggests minimal extra cost or savings. Miscellaneous expenses, such as entertainment and personal care, are at 92, representing an 8% cost reduction. These indices highlight Graham as a cost-effective location for various living expenses.
