Stanley, NC, has a cost of living index that is slightly below the nationwide average. The overall index stands at 94, which is 6% lower than the national average of 100. This means that, on average, residents in Stanley can expect to spend less on most goods and services compared to the rest of the country.
Specifically, housing costs in Stanley are 5% below the national average, while groceries are only 3% below. Utilities and transportation also fall slightly below the national average, by 10% and 8%, respectively. Healthcare costs are slightly higher, at 2% above the national average, but miscellaneous expenses are 6% lower. This balanced mix makes Stanley a potentially attractive location for those looking to manage their expenses effectively.
Stanley, NC, presents a cost of living that is slightly below the national average. The housing index in Stanley stands at 95, which is 5% lower than the nationwide average of 100. This suggests that housing costs in Stanley are more affordable compared to the rest of the country. Similarly, groceries in Stanley have a cost of living index of 97, indicating a 3% lower expense than the national average. This makes everyday food shopping slightly cheaper for residents.
Utilities in Stanley are priced at 90, which is 10% below the national average. This means that residents can expect to pay less for essential services like electricity and water. The transportation index is 92, showing a modest 8% decrease from the national average. This suggests that commuting and other transportation costs are also relatively lower in Stanley. Healthcare costs are slightly higher, with an index of 98, which is 2% above the national average. However, miscellaneous expenses, with an index of 94, are 6% lower than the national average. Overall, Stanley offers a cost of living that is generally favorable for those looking to manage their expenses effectively.
