Amherst, OH, showcases a cost of living index that remains relatively close to the nationwide average, which stands at 100. Most notably, the housing index stands at 88, making it slightly cheaper than the national average. However, the healthcare index slightly exceeds the average at 96, suggesting higher costs in this area.
Overall, Amherst's cost of living closely aligns with the national standard, with minor variations across different categories. The indexes for groceries, utilities, transportation, and miscellaneous expenses fall within a few points of the average, ensuring a balanced economic environment for residents.
Amherst, OH, offers a cost of living that is slightly lower than the nationwide average, making it an attractive option for many job seekers. The cost of living index in Amherst stands at 91, which is 9% below the national average of 100. This lower index is particularly noticeable in housing costs, which are 12% less than the national average. For example, housing costs 88 on the index, while the national average is 100.
Additionally, Amherst provides savings in other areas, such as groceries and utilities. Groceries cost 5% less than the national average, with an index of 95. Similarly, utilities are 10% cheaper, with an index of 90. Transportation costs are just slightly below the average, at 92 on the index. Despite healthcare costs being slightly higher at 96, the overall cost of living remains more affordable. This balance makes Amherst an appealing choice for those seeking a lower cost of living without sacrificing essential services.
