New Holland, PA, shows a cost of living index that is slightly below the nationwide average. Housing costs 15% less, while groceries and transportation are 5% less. Utilities and miscellaneous items are also 10% less, making New Holland a more affordable place to live. Healthcare costs remain the same as the national average.
New Holland, PA, presents a cost of living that is notably lower than the nationwide average, which is set at 100. Housing costs in New Holland stand at 85, indicating that residents can expect to pay 15% less than the average American. This reduction in housing expenses can be a significant advantage for those looking to settle in New Holland, as it allows for more disposable income for other necessities.
Additionally, the cost of groceries in New Holland is slightly below the national average, with an index of 95. This means that grocery expenses are 5% lower than the average cost across the country. Utilities and transportation also show a slight decrease, with indices of 90 and 95, respectively. These figures suggest that residents can save 10% on utilities and 5% on transportation compared to the national average. Healthcare costs, however, remain consistent with the national average at 100, offering no significant savings or increases. Overall, New Holland provides a cost-effective living environment, particularly in housing and utilities.
