Murphy, TX, offers a cost of living that is slightly below the nationwide average. The overall cost of living index for Murphy stands at 98, which is 2% lower than the national average of 100. This makes housing, utilities, and transportation more affordable, while groceries and healthcare remain close to the average.
Job seekers considering Murphy will find that their expenses for housing and transportation are about 3% lower than the national average. However, grocery prices are slightly higher at 3%, and healthcare costs are 5% lower. This balanced cost of living index makes Murphy an attractive option for those seeking a more affordable lifestyle.
Murphy, TX, presents a cost of living that is slightly below the national average. The housing index in Murphy stands at 97, which means it costs 3% less than the nationwide average. This makes housing in Murphy more affordable for those relocating or considering a move. The transportation index also mirrors the housing index at 97, indicating that commuting costs are similarly reduced.
In contrast, groceries in Murphy have a slight increase, with an index of 103, which is 3% higher than the national average. This means that food expenses might be a bit higher compared to the rest of the country. Utilities, healthcare, and miscellaneous costs in Murphy are close to the national average, with indices of 98, 95, and 100, respectively. This balance suggests that while some areas like groceries are slightly more expensive, others like housing and transportation offer savings.
