North Chesterfield, VA, boasts a cost of living index that is slightly below the nationwide average of 100. Housing costs account for 92% of the national average, making this category the most affordable. Groceries are about 95% of the national average, while utilities come in at 98%. Although transportation and healthcare match the national average, miscellaneous expenses are notably lower at 90%. Overall, North Chesterfield provides a cost-effective living environment with a total index of 95.3%.
North Chesterfield, VA, presents a favorable cost of living for job seekers considering relocation. Housing costs in North Chesterfield stand at 92, meaning they are 8% lower than the nationwide average of 100. This reduction can provide significant savings for those purchasing or renting homes in the area.
Moreover, groceries cost 95 in North Chesterfield, which is 5% below the national average. Utilities follow closely at 98, indicating a 2% savings compared to the national benchmark. Transportation costs are nearly on par with the national average at 97, showing minimal difference. Healthcare costs are equal to the national average at 100, offering no extra costs or benefits. Miscellaneous expenses, however, are lower at 90, providing a 10% savings. Overall, North Chesterfield offers a competitive cost of living with notable savings in housing and miscellaneous expenses.