Peterborough, NH, offers a cost of living slightly below the nationwide average, which is set at 100. This favorable comparison means residents can expect to spend less on various aspects of daily life. Specifically, housing costs are 5% below the average, groceries are just 2% above, utilities are 5% higher, transportation is 10% lower, healthcare costs are 8% lower, and miscellaneous expenses are 3% below the national average.
In summary, the cost of living in Peterborough, NH, averages around 97.6, indicating an overall lower expense compared to the national standard. This index highlights that, generally, living in Peterborough is more affordable, especially in areas such as housing and transportation.
The cost of living in Peterborough, NH, offers a mix of affordability and moderate expenses compared to the nationwide average, which is indexed at 100. Job seekers looking at housing will find that Peterborough scores 95 on the cost of living index. This means housing costs are about 5% lower than the national average, which could be an attractive factor for those looking to save on living expenses without sacrificing much comfort.
Looking at other areas, grocery prices in Peterborough sit at 98, indicating a negligible difference from the nationwide average. Utilities, however, are slightly higher, with an index of 105. This means utility costs are about 5% above the national average, which could be a consideration for potential residents. Transportation costs are notably lower, with an index of 90, meaning they are around 10% cheaper compared to the average. Healthcare and miscellaneous expenses are also slightly below the national average, with indices of 92 and 97, respectively. These figures suggest that while some costs are higher, others are lower, providing a balanced picture for those evaluating the overall cost of living in Peterborough.
