Studholm, New Brunswick Cost Of Living

A+

17%

Overall NAT. AVG.

7%

Goods & Services NAT. AVG.

78%

Housing NAT. AVG.

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Date & Last Updated: This data reflects 2020 and was released from Statistics Canada.

The cost of living index is based on a national average of 100. For example, if the cost of living is 90, then it is 10% lower than average. If the cost of living is 110, then it is 10% higher than average. The breakdown for each index is as follows: goods & services (33%), groceries (13%), health care (5%), housing (30%), transportation (9%) and utilities (10%). If the cost of living data was unavailable for this city, estimates based upon nearby cities were used.
Index	Studholm	New Brunswick	National
Cost of living	83	86	100
Goods & Services	107	107	100
Groceries	102	102	100
Health care	90	90	100
Housing	22	36	100
Transportation	95	95	100
Utilities	146	146	100

Cost Of Living Quick Facts

The cost of living in Studholm is 4% lower than the New Brunswick average
The cost of living in Studholm is 17% lower than the national average
Studholm housing is 78% lower than the national average
New Brunswick general sales tax is 67% higher than the national average
New Brunswick state income tax is 15% higher than the national average

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Price difference in compared to

Cost of living index
Goods & Services index
Groceries index
Health care index
Housing index
Transportation index
Utilities index

New Brunswick Sales Tax

State	General Sales Tax	With Max Surtax
New Brunswick	10%	15%

New Brunswick Income Tax

State	Income Tax (Low)	Income Tax (High)
New Brunswick	9.68%	20.3%

Goods & Services

Item	Studholm	National avg.	Difference
Personal Care	$80.00	$94.33	15.2%
Recreation	$99.00	$102.33	3.3%

Groceries

Item	Studholm	National avg.	Difference
Meat, Poultry and Fish	$92.00	$102.27	10.0%
Dairy Products and Eggs	$100.00	$104.67	4.5%
Bakery and Cereal Products	$106.00	$111.67	5.1%
Fruit and Vegetables	$103.00	$113.40	9.2%
Alcoholic Beverages	$103.00	$105.80	2.6%

Health Care

Item	Studholm	National avg.	Difference
Doctor	$99.00	$101.07	2.0%

Housing

Item	Studholm	National avg.	Difference
Home Price ($)	$n/a	$659,395.00	100.0%
Apartment Rent ($)	$n/a	$2,146.00	100.0%

Transportation

Item	Studholm	National avg.	Difference
Gasoline	$99.00	$102.07	3.0%

Utilities

Item	Studholm	National avg.	Difference
All Electricity	$94.00	$98.60	4.7%

Although the cost of living data is updated regularly, this cost of living information is to be used as estimates only as prices can change on an ongoing basis.

Nearby cities with low cost of living

City	Population	Cost of Living Index	National Avg.
Cardwell, NB	1,346	82	18.4%
Havelock, NB	1,036	82	18.2%
Johnston, NB	513	83	17.4%
Sussex Corner, NB	1,454	83	17.0%
Sussex, NB	2,551	83	16.6%
Studholm, NB	3,528	83	17.2%

Cities with similar population

City	Population	Cost of Living Index	National Avg.
Dahlgren, VA	3,528	n/a
Hubbard, OR	3,527	n/a
Camden, DE	3,529	n/a
Hurley, NY	3,529	n/a
Boardman, OR	3,529	n/a
Studholm, NB	3,528	83	17.2%

Date & Last Updated: This data reflects 2020 and was released from Statistics Canada.