Red Bank 4, New Brunswick Cost Of Living

A+

19%

Overall NAT. AVG.

7%

Goods & Services NAT. AVG.

83%

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	Red Bank 4	New Brunswick	National
Cost of living	81	86	100
Goods & Services	107	107	100
Groceries	102	102	100
Health care	90	90	100
Housing	17	36	100
Transportation	95	95	100
Utilities	146	146	100

Cost Of Living Quick Facts

The cost of living in Red Bank 4 is 5% lower than the New Brunswick average
The cost of living in Red Bank 4 is 19% lower than the national average
Red Bank 4 housing is 83% 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	Red Bank 4	National avg.	Difference
Personal Care	$80.00	$94.33	15.2%
Recreation	$99.00	$102.33	3.3%

Groceries

Item	Red Bank 4	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	Red Bank 4	National avg.	Difference
Doctor	$99.00	$101.07	2.0%

Housing

Item	Red Bank 4	National avg.	Difference
Home Price ($)	$n/a	$659,395.00	100.0%
Apartment Rent ($)	$n/a	$2,146.00	100.0%

Transportation

Item	Red Bank 4	National avg.	Difference
Gasoline	$99.00	$102.07	3.0%

Utilities

Item	Red Bank 4	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.
Blackville, NB	2,019	81	19.1%
Derby, NB	978	81	18.9%
Nelson, NB	979	82	18.4%
Big Hole Tract 8 (South Half), NB	59	82	18.2%
Eel Ground 2, NB	607	83	17.4%
Red Bank 4, NB	320	81	18.5%

Cities with similar population

City	Population	Cost of Living Index	National Avg.
Sand City, CA	320	n/a
Limestone, FL	320	n/a
Epworth, GA	320	n/a
Silver City, IA	320	n/a
Ewing, IL	320	n/a
Red Bank 4, NB	320	81	18.5%

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