The cost of living index in Lenox, MA, significantly exceeds the nationwide average. Housing costs alone are 50% higher, with groceries at 20% more, utilities 10% higher, and healthcare costs 30% greater. Despite lower transportation costs at 10% below average, the overall index stands at 120, making Lenox costlier for job seekers.
Lenox’s miscellaneous costs are also 15% higher than the national average. Job seekers should consider these factors when planning their budget. While certain expenses like transportation are slightly more affordable, the elevated prices in housing, groceries, utilities, and healthcare suggest careful financial planning is crucial for relocating to Lenox, MA.
Lenox, MA, presents a higher cost of living compared to the national average across various essential categories. Housing costs in Lenox are notably elevated, with an index of 150, meaning they are 50% higher than the national average. Similarly, groceries in Lenox reach 120 on the index, indicating a 20% increase over the average price level. Although utilities and miscellaneous expenses also surpass the national average, by 10% and 15% respectively, they do not escalate as sharply as housing and groceries.
Transportation and healthcare in Lenox also exceed the nationwide average, although to a lesser degree. Transportation costs are 10% above the national average with an index of 90, while healthcare costs are 30% higher at an index of 130. This indicates that while certain aspects of living in Lenox are more affordable, particularly in transportation, other key areas like housing and groceries represent significant financial commitments for residents.