Granite Falls, North Carolina, shows a cost of living slightly below the nationwide average. Specifically, the overall index is 89, indicating that living costs are 11% lower than the national average of 100. Housing, utilities, and transportation are notably cheaper in Granite Falls, making it an attractive option for budget-conscious individuals.
Granite Falls, NC, offers a favorable cost of living compared to the nationwide average. The housing index in Granite Falls stands at 80, which is 20% lower than the national average. This means residents can find more affordable housing options, making it easier to manage living expenses. Additionally, utilities in Granite Falls are priced at 90, which is 10% lower than the national average. This reduced cost in housing and utilities helps individuals and families save money each month.
The cost of living for other necessities in Granite Falls also compares well with national standards. For instance, groceries cost 95, which is 5% lower than the national average. This makes it easier for residents to feed their families without straining their budgets. Transportation costs in Granite Falls are at 85, which is 15% lower than average, offering savings on daily commutes and travel. Healthcare costs, at 92, are 8% lower than the national average, providing a more budget-friendly option for medical care. Overall, Granite Falls offers a cost of living that is beneficial for those looking to manage their expenses effectively.
