The cost of living index in Yarmouth, ME, shows that housing costs are 21% higher than the nationwide average. This increase is due to the housing index being at 121 compared to the average of 100. Other categories like groceries and transportation also show slight increases, while utilities and healthcare remain close to the national average. This data helps job seekers understand the financial landscape in Yarmouth, making informed decisions about living expenses.
The cost of living in Yarmouth, Maine, compared to the nationwide average, shows some variations across different categories. Housing costs in Yarmouth stand at 121, which is 21% higher than the national average. This increase suggests that housing expenses are notably more expensive for residents in Yarmouth. Groceries, on the other hand, have a cost of living index of 106, which is 6% above the average. This means that while groceries are slightly more expensive, the difference is not as significant as in housing.
Utilities in Yarmouth are priced at 94, which is 6% below the national average. This indicates that residents may find some relief in their utility bills, which are more affordable compared to the rest of the country. Transportation costs in Yarmouth are at 102, just 2% higher than the national average. Healthcare costs also mirror the national average closely, with an index of 98, which is 2% lower. Lastly, miscellaneous expenses in Yarmouth have an index of 103, which is 3% above the average. Overall, while some areas like housing and groceries are higher, others like utilities and healthcare offer more affordable options compared to the nationwide average.
