North Reading, MA, has a higher cost of living compared to the nationwide average. The cost of living index in North Reading stands at 125, which is 25% higher than the national average of 100. This increase is particularly noticeable in housing, where the index reaches 145, reflecting a 45% rise above the national average.
Professionals considering relocating to North Reading should be aware of these elevated costs, especially in housing and utilities. While the healthcare index is slightly below the national average at 105, the overall cost of living suggests that expenses in North Reading are notably higher than the national norm.
North Reading, MA, has a higher cost of living compared to the nationwide average. Housing costs in North Reading are 45% higher than the national average, with an index of 145. This means that expenses related to renting or buying a home are significantly greater here. Groceries also cost more, with a 10% increase over the national average, placing the index at 110. This indicates that everyday food purchases will be more expensive for residents.
Utilities in North Reading are 15% above the national average, with an index of 115. This includes costs for electricity, gas, water, and other essential services. Transportation costs are 20% higher, with an index of 120. This suggests that commuting and other travel expenses will be greater. Healthcare costs are slightly lower, with a 5% decrease, giving an index of 105. Miscellaneous expenses, such as entertainment and personal care, are 30% higher, with an index of 130. Overall, North Reading presents a higher cost of living in most areas compared to the national average.
