The cost of living index in Meredith, New Hampshire, is higher than the nationwide average. Meredith's overall cost of living index stands at 103, which is 3% above the national average of 100. Housing costs are particularly notable, with an index of 112, reflecting a 12% increase over the national average.
In Meredith, groceries and utilities are also slightly above average, with indices of 105 and 98, respectively. Groceries show a modest 5% increase, while utilities remain slightly below average by 2%. Transportation costs, at an index of 104, are 4% above the national average. Healthcare, however, is slightly lower, with an index of 96, indicating a 4% decrease. Miscellaneous costs are closely aligned with the national average at 101, showing only a 1% increase.
In Meredith, New Hampshire, the cost of living shows some interesting patterns when compared to the nationwide average. The housing index stands at 112, which means housing costs are 12% higher than the average. This could be a significant consideration for those looking to buy or rent homes in Meredith. Next, groceries cost 105, which is 5% above the national average. This means residents may spend slightly more on food and household items than in other parts of the country.
Other expenses also have their nuances. Utilities in Meredith are at 98, which is 2% below the national average. This slight difference might offer some relief for residents. Transportation costs are at 104, just 4% above average, making commuting and travel relatively close to the national norm. Healthcare, an important consideration, is at 96, which is 4% below the average. This can be a positive factor for those seeking medical care. Finally, miscellaneous expenses are at 101, just 1% above the national average, showing that other costs are nearly in line with what people pay elsewhere.