The cost of living index in Great Falls, VA, shows a higher cost compared to the nationwide average. Housing costs are 20% higher, while groceries and healthcare each stand at 10% and 15% above the national average, respectively. Utilities and miscellaneous costs are slightly above the average, at 5% and 2% higher. Transportation costs, however, are 5% lower than the national average.
The cost of living in Great Falls, VA, shows some differences when compared to the nationwide average. Housing costs in Great Falls are 20% higher than the average, with an index of 120. This means that housing expenses, like rent or mortgage payments, are significantly more expensive here. Groceries also cost more, with an index of 110, which is 10% above the national average. This indicates that buying food and household items will be pricier in Great Falls.
Utilities in Great Falls have a cost of living index of 105, which is 5% higher than the national average. This small increase suggests that expenses for electricity, gas, and water are slightly more than the average. Transportation costs are slightly lower, with an index of 95, meaning they are 5% below the national average. Healthcare costs in Great Falls are 15% higher, with an index of 115. This shows that medical services and health insurance will cost more here. Miscellaneous costs, with an index of 102, are 2% above the average, indicating that other expenses like entertainment and personal care are marginally higher.
