New Town, ND, has a cost of living index that is notably lower than the nationwide average. Specifically, the overall cost of living in New Town stands at 85, which is 15% below the national benchmark of 100. This lower index suggests that residents may find expenses for housing, groceries, utilities, transportation, and miscellaneous items to be more affordable compared to the average American city.
However, healthcare costs in New Town are slightly higher, with an index of 110, indicating a 10% increase over the national average. This variation highlights the importance of considering individual category costs when evaluating the overall cost of living in New Town, ND.
New Town, ND, presents a cost of living that is notably lower than the nationwide average. The housing index in New Town stands at 70, which is 30% below the national average of 100. This suggests that housing costs in New Town are significantly more affordable, making it an attractive option for those looking to save on their living expenses. Additionally, the groceries index is 90, which is 10% lower than the average, indicating that food costs are also relatively reasonable.
Utilities in New Town are priced at 95, just 5% above the national average. This slight increase means that while utilities are not the cheapest, they remain quite manageable. Transportation costs are at 85, which is 15% below the average, offering another area where residents can save money. Healthcare, however, is an exception, with an index of 110, indicating that healthcare costs are 10% higher than the national average. Despite this, the overall cost of living in New Town remains competitive, making it a viable choice for many job seekers.
