Graham, NC, offers a more affordable living experience compared to the nationwide average. With a cost of living index of 87, residents enjoy lower expenses, particularly in housing, transportation, and miscellaneous categories. This makes Graham an attractive option for those seeking a budget-friendly lifestyle without compromising on quality.
The cost of living in Graham, NC, compared to the nationwide average, presents a slightly different picture across various categories. The housing index in Graham stands at 80, indicating that housing costs are 20% lower than the national average. This makes Graham an attractive option for job seekers who prioritize affordability in their living expenses. Additionally, groceries in Graham are priced at 90, which means residents spend 10% less on food compared to the national average. This lower cost for essential items can significantly benefit families and individuals on a budget.
Transportation costs in Graham are also relatively affordable, with an index of 85, showing that residents pay 15% less than the average American for transportation. Healthcare costs, although slightly higher, are still more manageable with an index of 92, reflecting a 2% increase. Utilities in Graham are priced at 95, which means expenses are only 5% higher than the national average. Miscellaneous expenses, including entertainment and personal care, sit at 88, indicating an 8% savings. Overall, Graham offers a cost of living that is close to the national average in many categories, with notable savings in housing and groceries.