North Reading, MA, has a higher cost of living compared to the nationwide average. The cost of living index in North Reading stands at 115, which is 15% higher than the national average of 100. This increase is largely driven by housing costs, which are 30% higher than the national average.
While other categories like groceries, utilities, and healthcare also exceed the national average, transportation costs are slightly lower. This data highlights the importance for job seekers to consider these factors when evaluating potential relocation to North Reading.
North Reading, MA, has a higher cost of living compared to the nationwide average, which is set at 100. Housing costs in North Reading are notably higher, with an index of 130. This means that housing expenses are 30% more than the national average. For job seekers considering North Reading, this increase in housing costs can significantly impact their budget.
Other expenses in North Reading also tend to be higher than the national average. Groceries have a cost of living index of 110, indicating a 10% increase. Utilities are slightly higher at 105, which is a 5% increase. Healthcare costs are 20% higher, with an index of 120. Miscellaneous expenses, such as entertainment and personal care, are 15% higher, with an index of 115. Transportation costs are relatively lower, with an index of 95, showing a 5% decrease compared to the national average. Overall, North Reading presents a higher cost of living in most categories, making it important for job seekers to consider these factors in their relocation plans.
