Spruce Pine, NC, offers a cost of living that is generally lower than the nationwide average. The overall cost of living index for Spruce Pine is 92, which is 8% below the national average of 100. This lower cost of living makes Spruce Pine an attractive option for those seeking more affordable living expenses.
Specifically, housing costs in Spruce Pine are 14% below the national average, while groceries and utilities are slightly above the average. Transportation costs are 4% higher, but healthcare and miscellaneous expenses are close to the national average. This balanced distribution makes Spruce Pine a practical choice for those looking to manage their living expenses effectively.
Spruce Pine, North Carolina, offers a cost of living that is generally lower than the nationwide average. The cost of living index for housing in Spruce Pine stands at 86, which is 14% below the national average of 100. This suggests that housing expenses in Spruce Pine are more affordable, making it an attractive option for those looking to save on their living costs.
In addition to housing, the cost of groceries in Spruce Pine is 92, which is 2% below the national average. Utilities also remain relatively affordable, with an index of 95, which is 5% below the average. Transportation costs, however, are slightly higher, with an index of 104, indicating 4% more than the national average. Healthcare costs in Spruce Pine are 89, which is 11% below the average, and miscellaneous expenses are at 91, which is 9% below the average. Overall, Spruce Pine provides a favorable cost of living for many essential expenses, making it a practical choice for those seeking a balance between affordability and quality of life.