Holbrook, NY, has a higher cost of living compared to the nationwide average. The overall cost of living index in Holbrook is 108, which is 8% higher than the national average of 100. This increase is primarily driven by higher housing costs, which are 20% above the national average.
Despite this, Holbrook's grocery and transportation costs are relatively close to the national average, with 5% and 5% differences, respectively. Utilities and healthcare costs also exceed the average by 10% and 15%, respectively. However, miscellaneous costs remain at par with the national average.
Holbrook, NY, has a cost of living index that varies across different categories when compared to the nationwide average. Housing costs in Holbrook stand at 120, which is 20% higher than the national average. This means that residents will need to allocate a significant portion of their budget to housing expenses. Groceries in Holbrook are priced at 105, reflecting a 5% increase over the national average. This slight increase suggests that food costs remain relatively close to the nationwide norm.
Utilities, including electricity, water, and gas, have a cost of living index of 110 in Holbrook, indicating an 11% rise compared to the national average. This increase suggests that residents may face higher expenses for maintaining their homes. Transportation costs in Holbrook are slightly lower, with an index of 95, which is 5% below the national average. This could mean that commuting and other transportation-related expenses are more affordable in Holbrook. Healthcare costs in Holbrook are at 115, which is 15% higher than the national average. This increase highlights the need for residents to budget more for medical care. Miscellaneous expenses in Holbrook align with the national average, with an index of 100, indicating no significant difference in these costs.
