Shiprock, NM, has a cost of living index that is slightly below the nationwide average. The overall index stands at 92, which is 2% lower than the national average of 100. Housing costs in Shiprock are notably lower, with an index of 85, representing a 15% decrease from the national average. Other categories, such as groceries, utilities, transportation, healthcare, and miscellaneous expenses, are close to the national average, with indices ranging from 90 to 98.
Shiprock, NM, offers a cost of living that is notably lower than the nationwide average, which is set at 100. Housing costs in Shiprock stand at 85, which means residents pay 15% less than the average American. This reduction can be a significant advantage for those looking to save on housing expenses.
In other areas, the cost of living in Shiprock remains close to the national average. Groceries, for example, cost 95, which is only 5% below the average. Utilities and transportation also mirror the national average, with each at 90. Healthcare costs are slightly higher, at 98, indicating a 2% increase. Miscellaneous expenses are at 92, which is 8% below the average. Overall, Shiprock provides a balanced and often more affordable living experience compared to the national average.
