The cost of living index in Millbury, MA, shows a higher cost in several areas compared to the nationwide average. Housing costs 25% more, groceries 10% more, and healthcare 20% more. Utilities and transportation are slightly below the average, while miscellaneous costs match the national average.
Overall, Millbury's cost of living index is 110, which is 10% higher than the nationwide average of 100. This means residents can expect to spend about 10% more on average for their living expenses.
The cost of living in Millbury, MA, shows some notable differences compared to the nationwide average. Housing costs in Millbury are 25% higher than the national average, with an index of 125. This means that housing expenses, such as rent or mortgage payments, are significantly more expensive for residents in Millbury. Groceries also cost more, with an index of 110, indicating a 10% increase over the national average. This suggests that everyday food purchases will be slightly higher than what one might expect in other parts of the country.
Transportation costs in Millbury are 5% higher than the national average, with an index of 105. This includes expenses related to owning and maintaining a vehicle, as well as public transportation. Healthcare costs are also elevated, with an index of 120, showing a 20% increase. This means that medical services and health insurance will be more costly for residents. Utilities, however, are slightly below the national average, with an index of 95, indicating a 5% decrease. Miscellaneous costs, such as entertainment and personal care, remain at par with the national average, with an index of 100.