Stokesdale, NC, has a cost of living index that is slightly below the nationwide average. The overall index stands at 89, which is 11% lower than the national average of 100. This means that, on average, residents in Stokesdale can expect to spend less on most living expenses compared to the rest of the country.
Specifically, housing costs in Stokesdale are 15% below the national average, while groceries and healthcare are only slightly lower, at 5% and 8%, respectively. Utilities and transportation are also close to the national average, with indices of 90 and 88. This makes Stokesdale an attractive option for those looking to manage living expenses effectively.
Stokesdale, North Carolina, offers a cost of living that is notably lower than the nationwide average. The cost of living index for Stokesdale is 89, which is 11% below the national average of 100. This lower cost of living makes Stokesdale an attractive option for those looking to manage their expenses more effectively. Housing costs in Stokesdale are 15% below the national average, with an index of 85. This means that residents can find more affordable housing options compared to the rest of the country.
Additionally, Stokesdale's grocery costs are slightly below the national average, with an index of 95. This indicates that residents can save a bit on their food expenses. Utilities in Stokesdale are also more affordable, with an index of 90, which is 10% lower than the national average. Transportation costs are 12% below the average, with an index of 88, making it easier for residents to get around. Healthcare costs are close to the national average, with an index of 92, and miscellaneous costs are 13% below the average, with an index of 87. Overall, Stokesdale provides a cost-effective living environment for those seeking a balance between affordability and quality of life.