Siler City, NC, offers a more affordable living experience compared to the nationwide average, with a cost of living index at 89. This translates to 9% less than the average cost of living in the U.S. Housing costs in Siler City are notably lower, sitting at 80, which is 20% below the national average. This reduction in housing costs provides an attractive benefit for job seekers looking to relocate to the area.
The cost of living index in Siler City, North Carolina, reveals a mix of affordability and expenses compared to the nationwide average, set at 100. Housing costs in Siler City stand at 80, which is 20% below the national average. This suggests that housing expenses in Siler City are significantly lower, making it easier for residents to find more affordable living options. The lower housing costs provide a strong incentive for potential job seekers looking to minimize their living expenses.
When considering other living costs, Siler City shows varied results. Groceries cost 95, which is 5% higher than the national average. This indicates that while groceries are slightly more expensive than average, the increase is relatively minor. Utilities in Siler City are priced at 92, which is 2% below the national average, showing a slight advantage for residents. Transportation costs at 93 are just 1% above the national average, providing a balanced cost for commuting. Healthcare costs in Siler City stand at 89, which is 11% below the average, offering a notable saving on medical expenses. Miscellaneous costs are at 90, which is at par with the national average, indicating no significant difference in other living expenses. Overall, Siler City offers a balanced mix of affordable housing and slightly varied costs in other areas.
