Spencer, MA, has a housing cost that is 15% below the nationwide average, while utilities are 10% higher. Groceries and transportation in Spencer are close to the national average, with miscellaneous costs matching it exactly. Healthcare expenses are 5% above the average. These metrics suggest that housing and utilities provide some relief for residents, although healthcare costs are slightly higher than the national norm.
Spencer, MA presents a cost of living that is generally lower than the nationwide average, which is set at 100. Housing costs in Spencer are notably 15% lower than the national average, with an index of 85. This makes it more affordable for residents to find suitable homes. Groceries in Spencer also mirror the national average, with an index of 95, indicating that food expenses are almost consistent with what one might find across the country.
Utilities, however, show a slight increase, with an index of 110, meaning residents pay 10% more for essential services like electricity, gas, water, and garbage. Transportation costs in Spencer are 10% lower than the national average, at 90, which can be an attractive factor for those who frequently travel. Healthcare costs remain close to the national average with an index of 105, suggesting a 5% increase. Miscellaneous expenses are on par with the national average, indexed at 100, indicating no significant deviation in other living costs.
