The cost of living index for Yarmouth, MA, shows that housing costs are 50% higher than the nationwide average. Housing stands at 150, while the average is 100. Groceries in Yarmouth cost 10% more than the national average, with an index of 110. Utilities in Yarmouth are 20% above the national average at 120. Transportation costs are slightly above the average at 105, while healthcare and miscellaneous costs are very close to the national average, at 115 and 102, respectively. This means that while housing and groceries are more expensive in Yarmouth, the overall cost of living is not drastically higher than the national average.
The cost of living index in Yarmouth, Massachusetts, reveals several key differences when compared to the nationwide average, which is set at 100. Housing costs in Yarmouth are notably higher, with an index of 150. This means that housing expenses in Yarmouth are 50% greater than the national average. For job seekers, this could imply that a larger portion of their income would need to be allocated to housing, potentially impacting overall savings and discretionary spending.
Other categories also show variations. For instance, grocery prices in Yarmouth are at 110, which is 10% above the national average. This suggests that purchasing food may be slightly more expensive in Yarmouth compared to the rest of the country. Utilities cost 120, indicating a 20% increase, while transportation costs at 105 are only 5% higher. Healthcare costs stand at 115, which is 15% over the national average, and miscellaneous expenses are relatively close to the national average at 102, only 2% higher. Job seekers need to weigh these factors when considering relocation to Yarmouth, especially if they have a fixed budget.
