The cost of living index in Spruce Pine, NC, is notably lower than the nationwide average. Specifically, the overall index is 88, which means it is 12% below the national average of 100. Housing costs in Spruce Pine are especially affordable, coming in at 80, which is 20% below the national average.
While Spruce Pine offers lower expenses in many areas, some costs remain closer to the national average. For instance, groceries and healthcare each stand at 95, aligning closely with the average. Utilities and transportation costs are also slightly below average, at 90 and 85, respectively. This data shows that Spruce Pine provides a relatively affordable living environment with certain categories, particularly housing, offering significant savings.
Spruce Pine, North Carolina, offers a favorable cost of living compared to the nationwide average. The cost of housing in Spruce Pine is 80, which means it is 20% less expensive than the average cost of housing across the nation. This significant difference can be a big advantage for job seekers, allowing them to potentially save more money or spend it on other essentials.
When looking at other living expenses, Spruce Pine also presents attractive rates. Groceries cost 95, which is 5% less than the national average of 100. Utilities are priced at 90, showing that residents spend 10% less on utility bills than the average American. Transportation costs are slightly lower, at 85, meaning a 15% savings compared to the national average. Overall, these figures indicate that living in Spruce Pine is more affordable without compromising on quality.
