The cost of living index in Newmarket, NH, shows that housing costs are 20% higher than the nationwide average. This increase is due to the housing index being 120 compared to the baseline of 100. Groceries, utilities, transportation, healthcare, and miscellaneous costs also show variations, with groceries at 5% above average, utilities slightly below, and healthcare and transportation slightly above. These figures provide a clear picture of the local economic conditions for job seekers considering a move to Newmarket.
The cost of living in Newmarket, NH, shows some variations when compared to the nationwide average, which is set at 100. Housing costs in Newmarket are notably higher, with an index of 120. This means housing expenses are 20% more than the national average. For job seekers considering Newmarket, this could be a significant factor in their budget planning.
Other areas also reflect higher costs. Groceries in Newmarket have an index of 105, indicating a 5% increase over the national average. Transportation costs are 10% higher, with an index of 110. Healthcare costs are also elevated, at 15% above the average, with an index of 115. Utilities, however, are slightly below the national average, with a cost index of 98, meaning they are 2% cheaper. Miscellaneous expenses stand at 102, showing a modest 2% increase. These figures provide a clear picture of the cost of living in Newmarket, helping potential residents make informed decisions.
