The cost of living index in Rockwell, NC, shows a mixed picture compared to the nationwide average. Housing costs are notably lower, at 85, which means they are 15% below the national average. However, groceries, utilities, transportation, healthcare, and miscellaneous expenses are all slightly above or close to the national average, ranging from 90 to 95. This indicates that while housing is more affordable, other living expenses in Rockwell are relatively comparable to the national average.
The cost of living in Rockwell, NC, presents a favorable picture compared to the nationwide average, which is set at 100. Housing costs in Rockwell stand at 85, indicating that residents spend 15% less on housing than the national average. This lower cost can be a significant advantage for those looking to settle in Rockwell, as it provides a more affordable option for housing without compromising on quality or location.
Additionally, the cost of groceries in Rockwell is slightly below the national average, with an index of 95. This means that residents pay only 5% more for groceries compared to the average American. Utilities, another essential cost, are also relatively affordable, with an index of 90, meaning residents spend 10% less on utilities. Transportation costs in Rockwell are close to the national average at 92, indicating a minor increase of 2%. Healthcare costs are slightly higher, with an index of 93, reflecting a 7% increase. Miscellaneous expenses, which include items like entertainment and personal care, are at 88, showing an 12% decrease compared to the national average. Overall, Rockwell offers a cost of living that is competitive and often more affordable than the national average.
