North Billerica, MA, has a higher cost of living than the nationwide average. The overall cost of living index stands at 108, which is 8% above the national average of 100. This elevated index is largely driven by higher housing costs, which are 30% above the average.
Specifically, housing costs in North Billerica are 130, compared to the national index of 100. Even though other categories like groceries and utilities are slightly higher, transportation and healthcare are relatively lower. These figures suggest that job seekers should prepare for higher housing expenses but may find some relief in other areas.
The cost of living in North Billerica, MA, differs from the nationwide average in several key areas. Housing costs are notably higher, standing at 130 compared to the average of 100. This means housing costs are 30% more expensive than the national average. For groceries, the index is 105, indicating a modest 5% increase over the national average.
Utilities in North Billerica are 110, which is 10% higher than the national average. Transportation costs are slightly lower, with an index of 98, indicating a 2% savings compared to the average. Healthcare costs have an index of 95, suggesting a 5% decrease from the national average. Miscellaneous expenses, with an index of 102, are 2% higher than the nationwide average. Overall, North Billerica presents a mixed picture of cost of living, with some categories being more expensive and others less so.