New Town, ND, has a cost of living index that is slightly below the nationwide average. The overall index stands at 91, which is 9% lower than the national average of 100. This means that, on average, living expenses in New Town, ND, are 9% cheaper than in other parts of the country.
Specifically, housing costs are 12% lower, while groceries and utilities are only 5% below the national average. Transportation costs are 10% lower, and healthcare costs are 2% below the average. Miscellaneous expenses are 15% cheaper in New Town, ND. This data suggests that job seekers may find living expenses more affordable in New Town, ND, compared to the national average.
New Town, ND, presents a cost of living that is notably lower than the nationwide average. The housing index in New Town stands at 88, which means it is 12% less expensive than the national average. This makes housing a more affordable option for those relocating or considering a move to New Town. Additionally, groceries in New Town are priced at 95, only 5% above the national average. This slight increase suggests that food costs remain relatively manageable.
Utilities, another significant expense, are at 95 in New Town, matching the national average. This indicates that the cost of essential services like electricity and water is on par with the rest of the country. Transportation costs in New Town are slightly lower, with an index of 90, meaning they are 10% cheaper than the national average. Healthcare costs are also slightly below the national average, with an index of 92, representing an 8% decrease. Miscellaneous expenses, however, are at 85, which is 15% lower than the national average. Overall, New Town offers a cost of living that is more affordable in several key areas compared to the nationwide average.
