North Syracuse, NY, showcases a cost of living index that remains relatively competitive. Housing, at 98, slightly undercuts the nationwide average of 100. Groceries cost 5% more, while utilities and transportation cost less at 5% and 10% below average, respectively. Despite these savings, miscellaneous expenses are 10% higher than the national average.
This balanced cost of living index suggests that North Syracuse provides an affordable living experience with moderate savings in key areas. Job seekers may find the overall cost of living in North Syracuse to be reasonable, offering a mix of slightly lower and marginally higher expenses compared to the nationwide average.
The cost of living index in North Syracuse, NY, paints a clear picture of the expenses residents face compared to the national average. Assuming the nationwide average is set at 100, North Syracuse residents encounter housing costs at about 98. This means the cost of housing is slightly lower than the national standard by 2%. While this might seem like a small difference, it can add up over time, potentially saving residents some money.
In other areas, the cost of living in North Syracuse varies. Groceries, for example, are at 105, which is 5% higher than the national average. This means that shoppers may need to spend a bit more on their grocery bills. Utilities also see a slight decrease, coming in at 95, which is 5% below the average. Transportation costs are notably lower at 90, which is 10% under the national average. This could be an attractive point for those who commute regularly. Healthcare costs in North Syracuse align with the national average at 100. However, miscellaneous expenses are at 110, meaning these costs are 10% higher. Overall, North Syracuse offers a mix of higher and lower costs compared to the national average, providing various opportunities for budget management.