Pembroke, MA, shows a higher cost of living compared to the nationwide average. Specifically, the overall cost of living index is 131, indicating that it is 31% higher than the national average of 100. Housing costs lead this increase, with an index of 154, which is 54% above the national average. The other categories like groceries, utilities, transportation, healthcare, and miscellaneous also show elevated costs. Groceries in Pembroke are 12% above the national average, while utilities, transportation, healthcare, and miscellaneous costs are 4%, 6%, 30%, and 15% higher, respectively. This data suggests that potential residents should consider these elevated costs when planning their budgets.
Pembroke, MA, presents a cost of living index that is notably higher than the nationwide average of 100. Specifically, the housing costs in Pembroke are 54% higher than the national average. For those seeking to settle in this community, it is essential to recognize the elevated expenses in purchasing and maintaining a home. This significant percentage can considerably impact long-term financial planning and budgeting.
Apart from housing, other cost categories in Pembroke also exceed the national average. For instance, groceries in Pembroke are 12% more expensive, utilities are 4% higher, and healthcare costs are 30% greater. While transportation and miscellaneous expenses are relatively closer to the national average, with transportation at 6% higher and miscellaneous costs at 15% greater, the overall living expenses in Pembroke remain above the national benchmark. These increases suggest that residents should plan for higher spending across several key areas of daily life.