Groton, MA, has a higher cost of living than the nationwide average, with the cost of living index at 116. This represents a 16% increase over the national average of 100. Specifically, housing costs are 30% higher, making it the most significant factor.
Groton's groceries, utilities, and transportation costs also exceed the national average by 10%, 5%, and 15%, respectively. Healthcare prices are slightly lower at 5%, while miscellaneous costs are 20% higher. These figures show that living in Groton involves spending more across most categories compared to the national average.
The cost of living index in Groton, MA, reveals some interesting differences compared to the nationwide average, which is set at 100. Housing costs in Groton stand at 130, indicating that residents pay 30% more than the national average for housing. This higher expense can significantly affect overall living expenses, making it an important factor for job seekers to consider.
In other areas, Groton’s cost of living remains relatively close to the national average. Groceries, for example, cost 110, which is 10% higher than the average. Similarly, utilities in Groton are 5% above the national average at 105. Transportation costs also exceed the national average slightly, with an index of 115, meaning residents pay 15% more. Healthcare costs in Groton are more favorable, standing at 95, which is 5% lower than the national average. Miscellaneous expenses are 20% higher, with an index of 120. This data helps job seekers understand the specific financial demands of living in Groton compared to the rest of the country.
