The cost of living index in Pepperell, MA, shows that housing costs are 20% higher than the nationwide average. This increase is due to the housing index being at 120 compared to the baseline of 100. Groceries, utilities, and transportation also show slight increases, with indices at 105, 95, and 110, respectively. Healthcare and miscellaneous costs remain close to the national average, with indices at 100 and 102.
The cost of living index in Pepperell, MA, reveals a few key insights for job seekers considering this area. Housing costs in Pepperell stand at 120, which is 20% higher than the nationwide average. This increase suggests that housing expenses are notably more significant in Pepperell compared to the rest of the country. For those looking to rent or buy, this higher index indicates that budgeting for housing will require careful planning.
Other expenses in Pepperell also show variations from the national average. Groceries, for instance, have a cost of living index of 105, which is 5% higher than the average. This means that food costs are slightly elevated. Transportation costs are at 110, indicating an 10% increase. This suggests that commuting and other transportation-related expenses will be more than the national average. Utilities, however, are slightly lower, with an index of 95, meaning they are 5% cheaper than the national average. Healthcare costs remain on par with the national average at 100, offering no significant advantage or disadvantage. Miscellaneous costs are slightly above average at 102, indicating a 2% increase. Overall, Pepperell presents a mixed picture with some costs higher and others lower than the national average.
