Stanley, NC, showcases a cost of living that is generally lower than the nationwide average. The housing index stands at 85, indicating that housing costs are 15% lower than the national standard. Additionally, the overall cost of living index for Stanley, which averages these categories, sits at 90, marking a 10% reduction from the national average of 100.
Stanley residents benefit from lower expenses in multiple areas. For groceries, the index of 90 shows a 10% savings compared to the national average. Utilities also remain competitive with an index of 95, only 5% above the average. While transportation costs match the national average at 100, healthcare and miscellaneous expenses are slightly below average, at 92 and 88, respectively. This combination highlights Stanley’s affordability for job seekers looking to reduce living costs.
Stanley, North Carolina, features a cost of living index that varies across different categories compared to the nationwide average. Housing costs in Stanley stand at 85, which is 15% lower than the national average. This makes it a more affordable option for those looking to settle in the area. Similarly, miscellaneous expenses, often a significant part of monthly budgets, are at 88, which is 12% below the average.
Other expenses such as groceries and utilities also lean towards the lower side. Groceries in Stanley are 90, meaning they are 10% less costly than the national average. Utilities, which include electricity, gas, and other essentials, are priced at 95, only 5% under the average. Transportation costs remain consistent with the national average, at 100, providing no change in expense for commuters. Healthcare services, crucial for well-being, are priced at 92, which is 8% less than the average. Overall, Stanley offers a favorable cost of living, particularly beneficial for housing, groceries, and miscellaneous expenses.