Swansea, MA has a higher cost of living than the nationwide average. The overall cost of living index in Swansea stands at 105. This means expenses are about 5% higher than the national average.
Swansea's housing costs, at an index of 120, reflect a 20% increase over the average. Other categories like groceries (105) and transportation (110) also show higher expenses, while utilities and miscellaneous costs remain slightly below the average.
Swansea, MA, stands out with a housing cost of living index of 120, which is 20% higher than the nationwide average of 100. This higher index suggests that individuals will likely spend more on housing in Swansea compared to other areas. The housing market here might include higher rent or mortgage costs, reflecting a significant consideration for potential residents.
Moving beyond housing, Swansea's cost of living for groceries is 105, a modest 5% above the national average. This indicates that while groceries are relatively affordable, they still cost slightly more than average. Utilities in Swansea stand at 96, showing a 4% decrease from the national index. This makes Swansea a bit more affordable in this area compared to the national average. Transportation, with an index of 110, is 10% higher, reflecting potential higher costs for commuting and vehicle expenses. Healthcare at 102 and miscellaneous costs at 98 are close to the national average, indicating minimal to no extra expenses in these categories. Overall, while some costs are higher, Swansea offers a mix of affordability and elevated expenses, making it a balanced choice for those considering relocation.
