The cost of living index in Hooksett, NH, stands at 105.67, which is 5.67% higher than the nationwide average of 100. This increase suggests that residents of Hooksett can expect to pay more for housing, groceries, and healthcare.
Among the categories, housing has the most significant impact, with an index of 115, or 15% higher than the national average. This means housing costs are a major factor in the overall cost of living in Hooksett. Other categories like groceries and healthcare also show slightly higher costs, though utilities and transportation are on par with the national average.
The cost of living in Hooksett, NH, presents a mix of higher and lower expenses compared to the nationwide average. Housing costs are notably higher, with an index of 115, indicating a 15% increase over the national average. This means housing expenses in Hooksett are significantly steeper for residents. Groceries also reflect a slight rise, with an index of 105, representing a 5% higher cost than the average.
Utilities in Hooksett, however, remain close to the national average, with an index of 98, showing a minor 2% decrease. Transportation costs align perfectly with the national average, sitting at 100, so no extra cost is incurred for commuting. Healthcare costs are 10% higher, indexed at 110, suggesting more expense for medical services. Miscellaneous expenses are slightly above average, at 102, indicating a modest 2% increase. This data offers a clear picture of where Hooksett stands in terms of living costs compared to the rest of the country.
