Valdese, NC has a lower cost of living compared to the nationwide average. The overall cost of living index for Valdese stands at 88%, which is 12% below the national average of 100. This makes housing, utilities, transportation, and miscellaneous expenses notably more affordable in Valdese. However, groceries and healthcare costs are slightly above the national average, with indices of 95% and 92%, respectively.
Valdese, North Carolina, offers a cost of living that is notably lower than the nationwide average. The cost of living index for Valdese stands at 86, which is 14% lower than the national average of 100. This lower cost of living is particularly evident in the housing sector, where the index is 83, representing a 17% reduction compared to the national average. This makes Valdese an attractive option for those looking to save on housing expenses.
In other areas, Valdese also provides a more affordable lifestyle. For instance, groceries cost 95 on the index, which is 5% below the national average. Utilities and transportation also show lower costs, with indices of 90 and 87, respectively. These are 10% and 13% below the average, making daily living expenses more manageable. Healthcare costs in Valdese are 92 on the index, which is 8% lower than the national average, offering some relief in this often expensive category. Overall, Valdese presents a cost of living that is more affordable, with miscellaneous costs at 88 on the index, 12% below the national average.