Holbrook, MA, has a higher cost of living compared to the nationwide average. Specifically, the cost of living index for Holbrook stands at 109, indicating a 9% increase over the national average of 100. This rise is primarily driven by housing costs, which are 24% higher than the national average. While other categories like groceries, utilities, and transportation show modest increases, they still contribute to the overall elevated cost of living in Holbrook.
Holbrook, MA, has a cost of living index that reflects a varied landscape compared to the nationwide average, which is set at 100. One of the most noticeable areas of difference is in housing, where the index stands at 124. This means that housing costs in Holbrook are 24% higher than the national average. For job seekers considering Holbrook, this significant increase could be a crucial factor when evaluating potential living expenses.
Other areas such as groceries, utilities, transportation, healthcare, and miscellaneous costs also present variations from the national average. Groceries cost 4% more in Holbrook, with an index of 104. Utilities and transportation are nearly on par with the national average, with indexes of 101 and 105, respectively. Healthcare costs are 10% higher, standing at 110, while miscellaneous expenses slightly underperform at 102. Together, these figures help paint a comprehensive picture of the cost of living in Holbrook, highlighting areas where residents might face higher expenditures.
