Holbrook, MA, has a higher cost of living compared to the nationwide average. Specifically, the overall cost of living index in Holbrook stands at 111, which is 11% above the national average of 100. The housing sector shows the most significant increase, with an index of 128, indicating costs that are 28% higher than the average.
These figures suggest that relocating to Holbrook may involve higher expenses, particularly in housing. Job seekers must consider these differences when evaluating potential relocations.
Holbrook, MA, shows a cost of living index that exceeds the nationwide average in several key areas. Housing costs, for example, stand at 128. This means residents pay about 28% more for housing than the national average. Grocery prices are also slightly higher, with an index of 105, indicating a 5% increase. Despite these rises, utilities and transportation costs remain relatively close to the national average, with indices of 110 and 95, respectively. These figures suggest a 10% and 5% difference from the national average.
Healthcare costs in Holbrook also surpass the national average, with an index of 115. This reflects an increase of 15% compared to the nationwide average. Miscellaneous expenses also show a small increase, with an index of 102, which is 2% higher. Overall, Holbrook offers a mixed picture of cost differences, with some categories being notably higher while others align closely with national averages. Understanding these variations can help job seekers make informed decisions about relocating to Holbrook.