New Kent, VA, offers a cost of living that is slightly below the nationwide average. The overall cost of living index for New Kent stands at 95, which is 5% lower than the national average of 100. This makes housing, groceries, utilities, healthcare, and miscellaneous expenses more affordable for residents. Transportation costs in New Kent match the national average, providing a balanced living experience.
New Kent, VA, offers a cost of living that is slightly below the nationwide average. The housing index stands at 92, which means housing costs are 8% less than the national average. This can be a significant advantage for those looking to save on housing expenses. Additionally, groceries in New Kent are priced at 98, just 2% below the average, making it a reasonable choice for those who want to maintain a balanced budget on food.
Utilities in New Kent are priced at 95, which is 5% less than the national average. This reduction in utility costs can help residents save on their monthly expenses. Healthcare costs are also slightly lower, with an index of 97, meaning they are 3% below the national average. This can be beneficial for families and individuals looking to manage their healthcare spending. Overall, the cost of living in New Kent, VA, provides a more affordable option compared to the nationwide average, making it a practical choice for many.