North Chesterfield, VA, offers a cost of living that is slightly lower than the nationwide average. The overall cost of living index for North Chesterfield is 95, which is 5% below the national average of 100. This lower cost of living makes North Chesterfield a potentially attractive location for job seekers looking to manage their expenses effectively.
Specifically, housing costs in North Chesterfield are 10% below the national average, while groceries are just 5% below. Utilities, transportation, healthcare, and miscellaneous expenses also remain close to the national average, with utilities being the only category slightly above at 2%. This balanced distribution suggests that residents can find affordable living conditions without compromising on essential services.
North Chesterfield, VA, offers a cost of living that is slightly below the nationwide average. The housing index stands at 90, which means housing costs are 10% lower than the national average. This can be a significant advantage for job seekers looking to save on housing expenses. Additionally, groceries are priced at 95, which is 5% less than the average, providing some savings for those who spend a considerable amount on food.
Utilities, however, are slightly higher in North Chesterfield, with an index of 102, indicating a 2% increase over the national average. Transportation costs are close to the average, with an index of 97, meaning they are 3% lower. Healthcare costs are also slightly below the national average at 98, which translates to a 2% savings. Miscellaneous expenses, which include items like entertainment, clothing, and personal care, are at 93, offering a 7% reduction compared to the national average. Overall, North Chesterfield presents a cost of living that is generally favorable for those seeking to manage their expenses effectively.