The cost of living in Yarmouth, MA, is notably higher than the nationwide average. Specifically, Yarmouth’s overall cost of living index is 111, which means it is 11% above the national average of 100. This increase largely stems from higher housing costs, which account for a 30% premium, and grocery prices, which are 10% higher.
In Yarmouth, housing expenses lead the way with an index of 130, surpassing the national average by 30%. Groceries follow closely at 110, with a 10% increase. Other expenses like utilities and healthcare also see higher costs, though transportation and miscellaneous items align closely with the national average. This information is crucial for job seekers considering Yarmouth for its employment opportunities.
The cost of living in Yarmouth, Massachusetts, compared to the nationwide average, shows that some areas are more expensive while others are relatively the same. Housing costs in Yarmouth are 30% higher than the national average. This means if the national average is 100, Yarmouth's housing index stands at 130. For those looking to buy or rent, this increase will significantly impact their budget.
Other areas also reflect higher costs in Yarmouth. Groceries, for instance, cost 10% more, with an index of 110, compared to the national average of 100. Utilities follow closely behind at 20% above the national average, with an index of 120. While transportation costs in Yarmouth are only 5% higher than the national average, at 105, healthcare costs are 15% higher, with an index of 115. Miscellaneous expenses, however, match the national average at 100, providing a slight balance to the overall higher costs.
