The cost of living index in Havelock, NC, shows that housing costs are 17% lower than the nationwide average. This is because the housing index stands at 83, compared to the average of 100. Other areas like groceries and transportation are slightly lower, while utilities, healthcare, and miscellaneous costs are very close to the national average. This data suggests that residents in Havelock might find certain expenses, especially housing, to be more affordable.
Havelock, NC, presents a cost of living that varies across different categories. When compared to the nationwide average, set at 100, Havelock's housing costs are notably lower. Specifically, the housing index stands at 83, meaning residents can expect to spend 17% less on housing compared to the national average. This decrease can make housing one of the more affordable aspects of living in Havelock.
Beyond housing, other categories reflect a similar trend but with slight variations. The grocery index is at 98, indicating a minor 2% increase from the national average. Utilities and transportation also hover close to the average, with indices of 95 and 96, respectively. Healthcare costs are slightly below the national average at 93, providing a small saving of 7% for residents. Miscellaneous expenses, meanwhile, stand at 90, which means these costs are 10% less than the nationwide average. These figures show that while Havelock offers some savings, especially in housing, other costs remain fairly in line with the national average.