The cost of living in Manteo, NC, is slightly below the nationwide average. The overall cost of living index for Manteo stands at 92, which is 8% lower than the national average of 100. This indicates that residents in Manteo can expect to spend less on most essential expenses compared to the average American.
Specifically, housing costs are 10% below the national average, while groceries and utilities are just slightly below. Transportation and miscellaneous costs also fall under the national average, making Manteo a more affordable place to live.
The cost of living in Manteo, North Carolina, presents a favorable comparison to the nationwide average, which is set at 100. Housing costs in Manteo stand at 90, indicating a 10% lower expense compared to the average. This makes housing a more affordable option for those relocating to Manteo. Additionally, groceries cost 95, which is just 5% above the national average, suggesting that food expenses remain quite reasonable.
Utilities in Manteo are priced at 92, which is 8% below the average cost. This means residents can expect to spend less on essential services like electricity and water. Transportation costs are at 88, which is 12% lower than the national average, making commuting and travel more budget-friendly. Healthcare costs are slightly higher, at 97, which is 3% above the average. However, miscellaneous expenses are at 93, which is 7% below the average. Overall, Manteo offers a cost of living that is competitive and often more affordable than the national average.
