The cost of living index in Washington, NC, stands at 92, reflecting 2% below the nationwide average of 100. This slight dip in the index arises primarily from lower housing costs, which are at 90% of the national average. While housing is less expensive, other expenses such as groceries and healthcare remain close to the national average, balancing the overall index.
The cost of living index in Washington, NC, offers valuable insights for anyone considering a move or a job change. When compared to the nationwide average, which is set at 100, Washington shows a more affordable lifestyle. Housing costs are slightly lower, with an index of 90, indicating that residents can expect to pay about 10% less than the national average. This can be a significant advantage for those looking to secure a home or reduce living expenses.
Groceries and transportation in Washington also mirror a lower cost of living. Groceries have an index of 95, meaning they cost 5% less than the national average. Similarly, transportation costs are slightly lower, with an index of 92, reflecting a 8% decrease. These factors combined can make daily living more affordable. Healthcare, though slightly above average with an index of 98, still remains close to the national average, ensuring that essential services are reasonably priced. Overall, Washington, NC, presents a cost-effective environment for residents.
