Newberry, FL, has a lower cost of living index compared to the nationwide average, which is set at 100. Housing costs in Newberry are 25% lower, while groceries and utilities are slightly above average. Healthcare and miscellaneous costs also remain slightly under the national average, making it an attractive option for cost-conscious individuals.
Breaking it down, Newberry's cost of living index stands at 85.5. This is 14.5% below the nationwide average, indicating that residents can expect to spend less on their overall living expenses. This trend highlights Newberry as a budget-friendly location, appealing to job seekers looking for affordability without sacrificing quality of life.
Newberry, Florida, presents a cost of living that is generally lower than the nationwide average, which is set at 100. Among the cost categories, housing stands out with an index of 75, indicating that it costs 25% less than the national average to live in Newberry. This makes housing in Newberry an attractive option for those looking to reduce their living expenses without compromising on quality.
Comparing other costs, Newberry's groceries index of 90 suggests a slight increase of 10% above the national average. Utilities, at an index of 95, are 5% higher, while transportation costs, with an index of 85, are 15% lower than average. Healthcare costs are also slightly lower, at an index of 80, which is 20% less than the national average. Miscellaneous expenses have an index of 88, indicating they are 8% higher than the average. This mix of lower and higher costs makes Newberry a competitive place to consider for those evaluating relocation options.
