The cost of living index in Ludlow, MA, shows that housing costs about 10% less than the nationwide average. When you look at all categories, Ludlow's cost of living sits slightly above the average, with an overall index of 97.
Each category reveals interesting details. Housing prices are notably lower, at 90, which is a 10% reduction from the standard index of 100. Groceries, utilities, and healthcare remain close to the average, ranging from 92 to 101. This suggests Ludlow offers a slightly more affordable lifestyle compared to the national average.
Ludlow, MA, offers a cost of living index that is generally lower than the nationwide average of 100. Specifically, the housing index stands at 90, which means residents can expect to pay 10% less for housing compared to the national average. This reduced housing cost can be a significant advantage for individuals and families seeking affordability.
In addition to housing, Ludlow’s cost of living in other key areas is also competitive. Groceries are priced at 95, which is 5% below the national average. Transportation costs are slightly lower at 92, representing an 8% reduction. While utilities cost slightly more at 105, the overall cost of living remains attractive for many. Healthcare, at 98, is nearly at par with the national average, ensuring residents have reasonable access to medical services. The miscellaneous index is at 101, showing a minimal increase. Overall, Ludlow provides a cost-effective living environment compared to the national average.