The cost of living index in Peterborough, NH, shows a mixed picture when compared to the nationwide average of 100. Housing costs in Peterborough are 15% lower, making it an attractive option for those seeking more affordable living conditions. Groceries and transportation are nearly on par with the national average, but healthcare costs are 10% higher, which is an important factor to consider. Utilities, meanwhile, slightly exceed the national average by 3%, and miscellaneous expenses remain in line with the national benchmark. This data presents a favorable outlook for housing and groceries, while cautioning about healthcare and utility costs.
Peterborough, NH, boasts a cost of living that is generally lower than the nationwide average. The housing index is notably below the benchmark, sitting at 85. This means residents can expect to spend about 15% less on housing compared to the average American. Similarly, groceries in Peterborough come in at 95 on the index, indicating that prices are 5% lower than the national average, providing a slight financial relief for those shopping for everyday essentials.
In other areas, Peterborough's cost of living closely matches the nationwide average. Utilities, for example, are priced at 97, which is just 3% above average. Transportation costs also remain nearly in line with the national average at 90, suggesting a modest 10% decrease. Healthcare costs, however, are slightly higher, standing at 110, meaning residents spend 10% more compared to the national average. Miscellaneous expenses align perfectly with the nationwide index at 100, showing no difference in cost. Overall, Peterborough offers a favorable cost of living in several key areas for potential residents.