Graham, TX, has a cost of living index that is slightly below the nationwide average. The overall index stands at 89, which is 11% lower than the national average of 100. This means that, on average, expenses in Graham are 11% less than what one might expect to pay across the country.
Specifically, housing costs in Graham are 15% lower, while groceries and utilities are only slightly below the national average. Transportation and healthcare costs are also slightly lower, and miscellaneous expenses are 13% less. This makes Graham a potentially more affordable place to live compared to the national average.
Graham, TX, presents a cost of living that is notably lower than the nationwide average. The housing index in Graham stands at 85, which is 15% below the average of 100. This suggests that housing costs in Graham are more affordable compared to the rest of the country. Additionally, the groceries index is slightly below the average at 95, indicating a 5% lower cost for food items. This lower cost of living can be attractive to job seekers looking for a more budget-friendly place to reside.
Utilities in Graham also reflect a modest cost, with an index of 90, which is 10% below the average. This means that expenses related to electricity, gas, and water are more economical in Graham. Transportation costs are close to the average, with an index of 92, showing only a slight 8% decrease. Healthcare, another significant expense, has an index of 88, which is 12% lower than the national average. This can be a significant advantage for those considering health-related costs. Overall, the miscellaneous cost index of 87 indicates a 13% reduction in other living expenses, further supporting the idea that Graham offers a more affordable lifestyle.
