Groton, MA, has a higher cost of living compared to the nationwide average. The cost of living index in Groton stands at 114, which is 14% higher than the national average of 100. Housing costs in Groton, at 130, are particularly notable, showing a 30% increase over the average. This data highlights the importance for job seekers to consider these factors when planning their relocation.
Groton, MA, has a higher cost of living compared to the nationwide average. The housing index in Groton stands at 130, which is 30% higher than the national average of 100. This means that housing costs in Groton are significantly more expensive, making it a key factor for those considering relocation.
Other expenses in Groton also reflect higher costs. For instance, groceries have an index of 105, which is 5% above the average. Utilities are 15% higher, with an index of 115. Transportation costs are 10% higher, with an index of 110. Healthcare costs are 20% higher, with an index of 120. Miscellaneous expenses are slightly above average, at 102, which is 2% higher. These figures indicate that while some costs are only slightly higher, others, like housing, are notably more expensive.