The cost of living index in Taylorsville, NC, stands at 89, which is 11% below the nationwide average of 100. This lower index suggests that residents of Taylorsville can expect to spend less on various living expenses compared to the national average. The housing index at 85 indicates that housing costs are notably lower, while groceries and utilities remain close to the average, making Taylorsville a potentially more affordable place to live.
The cost of living in Taylorsville, NC, presents a favorable comparison to the nationwide average, which is set at 100. Housing costs in Taylorsville stand at 85, indicating that residents can expect to pay 15% less than the national average. This reduction can be a significant advantage for those looking to settle in the area, as it provides more financial flexibility for other expenses.
Additionally, groceries in Taylorsville are priced at 92, which is 2% below the national average. This slight decrease can help families manage their food budgets more effectively. Utilities, at 95, are just 5% above the national average, suggesting that residents will not face significant increases in their utility bills. Transportation costs are at 90, meaning they are 10% lower than the national average, offering another area where residents can save money. Healthcare costs, at 88, are 12% below the national average, which can be particularly beneficial for those prioritizing health-related expenses. Miscellaneous costs, at 87, are 13% lower than the national average, rounding out the overall cost of living in Taylorsville, NC, as a cost-effective option for many.
