The cost of living in Selma, NC, is notably lower than the nationwide average. Housing costs, for example, are 22% below the national average, making it a more affordable option for many. Additionally, the overall cost of living in Selma is 12% lower than the national average, offering potential savings in groceries, utilities, transportation, healthcare, and miscellaneous expenses.
The cost of living index in Selma, NC, shows a generally favorable comparison to the nationwide average, which is set at 100. Housing costs in Selma are notably lower, with an index of 78. This means that housing expenses in Selma are 22% less than the national average. For job seekers, this could be a significant advantage, offering more affordable living options.
Other areas also reflect a positive trend. Groceries, utilities, transportation, healthcare, and miscellaneous costs are all close to the average. Groceries have an index of 89, utilities at 95, transportation at 92, healthcare at 82, and miscellaneous costs at 88. These figures indicate that while some expenses are slightly lower, others are just marginally higher or on par with the national average. Overall, Selma presents a cost of living that is competitive and potentially more affordable for many essential areas.
