Raeford, North Carolina, offers a cost of living that is 1% below the nationwide average of 100. Housing costs the least, at 85, while groceries are at 95. Utilities are at 90, and transportation is at 85. Healthcare costs in Raeford match the national average, sitting at 100. Miscellaneous expenses are slightly lower at 92. This combination makes Raeford an attractive option for those seeking affordability without significant sacrifices.
Raeford, North Carolina, presents a cost of living that is notably below the nationwide average. According to the data, the overall cost of living index for Raeford stands at 89, which is 11% less than the national average. This indicates that residents in Raeford can expect to spend less on daily living expenses compared to the average American.
Breaking down the specifics, Raeford's housing costs are 15% below the national average, with an index of 85. Grocery prices are also slightly lower at 95, which means they are 5% below the average. Utilities, too, are 10% less expensive with an index of 90. Transportation costs reflect this trend with an index of 85, showing a 15% reduction. Healthcare costs align perfectly with the national average, maintaining an index of 100. Miscellaneous expenses, which include items like clothing and entertainment, stand at 92, slightly under the national average by 8%. These figures illustrate that Raeford offers a more affordable lifestyle in several key areas compared to the rest of the country.
