Tarboro, NC, offers a cost of living that is slightly below the nationwide average. The overall cost of living index for Tarboro is 92, which is 8% lower than the national average of 100. This means that residents in Tarboro can expect to spend less on most essential expenses compared to the average American.
Specifically, housing costs in Tarboro are 12% below the national average, while groceries are only 5% below. Utilities and transportation also fall slightly below the national average, at 8% and 10% respectively. Healthcare costs are slightly higher, at 2% above the national average, but miscellaneous expenses are 15% lower. This balance makes Tarboro an attractive option for those seeking a more affordable living environment.
Tarboro, North Carolina, offers a cost of living that is slightly below the nationwide average. The housing index in Tarboro stands at 88, which means housing costs are 12% lower than the national average. This can be a significant advantage for those looking to save on housing expenses. Additionally, groceries in Tarboro are priced at 95, which is 5% lower than the average, providing some relief for daily food expenses.
Utilities, transportation, healthcare, and miscellaneous costs in Tarboro also compare favorably to the national average. The utility index is 92, indicating a 8% savings on utility bills. Transportation costs are at 90, which is 10% below the national average. Healthcare costs are slightly higher, with an index of 97, but still only 3% above the average. Miscellaneous costs are at 85, which means these expenses are 15% lower than the national average. Overall, Tarboro presents a cost of living that is competitive and often more affordable than the nationwide average.