The cost of living index in Amherst, OH, stands at 92, slightly below the nationwide average of 100. This indicates that, overall, residents in Amherst can expect to spend about 8% less than the national average across various living expenses. The individual categories, such as housing and miscellaneous, reflect this trend, with most costs being below the average, except for healthcare.
The cost of living index for Amherst, OH, shows how the town's living expenses compare to the nationwide average. The housing index stands at 85, which is 15% lower than the national average. This indicates that housing costs in Amherst are more affordable. When it comes to groceries, the index is 92, showing 2% less than the national average. Residents in Amherst can expect to spend slightly less on food.
Utilities in Amherst have an index of 95, meaning they are 5% above the national average. This small increase might be due to local factors affecting utility costs. Transportation costs are slightly below the national average, with an index of 90, translating to a 10% lower cost. Healthcare, with an index of 98, is closer to the national average, but slightly higher. Finally, the miscellaneous category has an index of 88, which is 12% lower than the national average. Overall, Amherst offers a relatively affordable living environment compared to many other areas.
