Granite Falls, NC, has a cost of living index that is generally lower than the nationwide average. Housing costs in Granite Falls are 20% below the national average, while groceries, utilities, transportation, healthcare, and miscellaneous costs are slightly lower or comparable. The overall cost of living in Granite Falls stands at 89% of the national average, making it an attractive option for those seeking more affordable living conditions.
Granite Falls, NC, offers a cost of living that is notably lower than the nationwide average, which is set at 100. Housing costs in Granite Falls stand at 80, which means residents pay 20% less than the national average. This lower housing expense can be a significant advantage for those looking to settle in the area, as it provides more financial flexibility for other living expenses.
In addition to housing, Granite Falls also shows a favorable cost of living in other areas. Groceries cost 95, which is 5% less than the national average. Utilities are priced at 90, meaning residents save 10% compared to the nationwide average. Transportation costs are at 85, which is 15% lower. Healthcare costs are slightly higher at 98, but only by 2%. Miscellaneous costs are at 92, which is 8% less than the national average. Overall, Granite Falls provides a cost-effective living environment for many of life's essentials.
