Wolfeboro, NH, has a higher cost of living compared to the nationwide average, with an overall index of 118. This means residents pay about 18% more for their living expenses. Housing costs are notably higher, with an index of 150, indicating a 50% increase over the national average.
Wolfeboro, NH, presents a unique cost of living scenario when compared to the nationwide average. The housing index in Wolfeboro stands at 150, which is 50% higher than the national average of 100. This significant increase suggests that housing expenses in Wolfeboro are notably more expensive, making it a critical factor for potential residents to consider.
In addition to housing, other cost categories also show variations. Groceries in Wolfeboro are priced at 110, which is 10% higher than the national average. Utilities, at 120, are 20% higher, while transportation costs, at 105, are 5% higher. Healthcare, however, is slightly below the national average at 95, offering a 5% reduction in costs. Miscellaneous expenses in Wolfeboro are at 130, reflecting a 30% increase. Overall, while some areas show savings, the higher costs in key categories like housing and utilities suggest a need for careful financial planning for those considering a move to Wolfeboro.