Newberry, FL, has a cost of living index that is slightly lower than the nationwide average. The overall cost of living index for Newberry stands at 91, which is 9% below the average of 100. This means that, on average, residents in Newberry can expect to spend less on most essential expenses compared to the national average.
Specifically, Newberry's housing costs are 13% below the average, while groceries are only 8% below. Utilities and healthcare costs are slightly above average, at 3% and 5% higher, respectively. Transportation and miscellaneous costs are also below average, by 10% and 15%. This balanced mix of lower and slightly higher costs makes Newberry a potentially attractive location for those looking to manage their expenses more effectively.
Newberry, FL, offers a cost of living that is slightly below the nationwide average. The housing index in Newberry stands at 87, which is 13% lower than the national average of 100. This suggests that housing expenses in Newberry are generally more affordable for residents and job seekers. Additionally, the groceries index is at 92, indicating that grocery costs are 2% lower than the national average. This can be a significant saving for those who prioritize food expenses.
Utilities in Newberry are priced at 97, which is 3% higher than the national average. While this is a slight increase, it remains relatively close to the average. Transportation costs in Newberry are at 90, which is 10% lower than the national average. This can be a notable advantage for those who rely on personal vehicles. The healthcare index in Newberry is 95, which is 5% lower than the national average, offering potential savings in medical expenses. Lastly, the miscellaneous index is at 85, which is 15% lower than the national average, providing additional savings in various other areas. Overall, Newberry presents a cost of living that is generally favorable for those looking to manage their expenses effectively.
