Swansea, MA, shows a higher cost of living compared to the nationwide average. Housing costs, for example, are 20% above the national average. Other expenses like groceries and transportation also show increases, with a general trend indicating a 10% higher cost of living in Swansea compared to the average.
This data suggests that job seekers moving to Swansea should plan for slightly higher expenses. Groceries and utilities are closer to the national average, but housing and transportation stand out with significant increases. Being aware of these differences can help individuals make better financial decisions when considering a move to Swansea.
Swansea, MA, has a cost of living index that reveals some interesting comparisons to the nationwide average. The housing index stands at 120, meaning it costs 20% more to rent or buy a home here than the national average. This higher housing cost reflects the need for job seekers to consider their budget carefully when looking for a place to live in Swansea.
Additionally, the groceries index in Swansea is at 105, which is 5% higher than the nationwide average. People moving to Swansea should plan for slightly higher grocery bills. Utilities are priced at 95, making them 5% cheaper than the national average, which could help offset some of the higher housing costs. Transportation costs are 10% above the average, which might impact daily commuting expenses. Healthcare costs are at 98, just 2% below the national average, offering a slight reprieve. Miscellaneous costs are at 102, which means they are 2% higher. Overall, Swansea presents a mix of higher and lower costs compared to the national average.