The cost of living index in Nags Head, NC, is slightly below the nationwide average. Specifically, the overall cost of living index stands at 94, which is 6% lower than the national average of 100. This means that, on average, residents in Nags Head can expect to pay less for most goods and services compared to the rest of the country.
Housing costs in Nags Head are 10% lower than the national average, while groceries and utilities are just slightly below the average. Transportation and healthcare costs are also marginally lower, and miscellaneous expenses are only 4% below the national average. This makes Nags Head an attractive option for those looking to manage their expenses more effectively.
The cost of living index in Nags Head, North Carolina, compared to the nationwide average, shows that residents can expect to spend less on most essentials. Housing, for instance, has an index of 90, which means it costs 10% less than the national average. This lower cost can be a significant advantage for those looking to settle in Nags Head, as housing is often the largest expense for many families.
Other areas also reflect a favorable comparison. Groceries have an index of 95, indicating a 5% savings compared to the national average. Utilities are slightly higher, with an index of 97, but still only 3% above the average. Transportation costs 8% less, with an index of 92, while healthcare expenses are 7% below the national average at 93. Miscellaneous costs are also slightly lower, with an index of 96, meaning a 4% reduction. Overall, these figures suggest that Nags Head offers a more affordable lifestyle in several key areas.
