Holden, MA, has a higher cost of living compared to the nationwide average. The overall cost of living index for Holden is 105, indicating a 5% increase above the national average. Specifically, housing costs 20% more, while groceries and utilities are up by 5% and 10%, respectively. Transportation, healthcare, and miscellaneous expenses also show modest increases, with transportation being 5% cheaper.
The cost of living index in Holden, Massachusetts, shows some variations when compared to the nationwide average, which is set at 100. Notably, Holden's housing costs are 20% higher than the national average, as the housing index stands at 120. This higher cost can significantly impact living expenses, especially for those renting or buying homes in this area.
When looking at other categories, Holden also exhibits some differences from the average. Groceries, for example, are 5% higher with an index of 105. This means that food expenditures are slightly above the national standard. Utilities in Holden are 10% higher at 110, which reflects slightly elevated costs for services like electricity and gas. Conversely, transportation costs are 5% lower at 95, offering some relief for residents. Healthcare costs match the national average at 100, indicating parity in medical expenses. Miscellaneous costs are also slightly above average, at 102, which is a 2% increase. These variations highlight the importance of considering local cost differences when planning a move to Holden.