Amherst, OH, has a cost of living index that is generally lower than the nationwide average. The combined cost of living index for Amherst is 88, which means it is 12% below the national average of 100. This lower index suggests that living expenses for housing, groceries, utilities, transportation, healthcare, and miscellaneous items are more affordable in Amherst compared to the rest of the country. Individually, Amherst’s housing index is 15% below the national average, while groceries are 8% below. Utilities are 5% below, transportation is 10% below, healthcare is 12% below, and miscellaneous costs are 20% below. This data provides an attractive view for job seekers looking for a more budget-friendly lifestyle.
The cost of living in Amherst, OH, presents a favorable comparison when measured against the nationwide average, which is set at 100. In the housing sector, Amherst maintains a cost index of 85, meaning residents can expect housing expenses to be 15% lower than the national average. This reduction makes housing more affordable, providing an economic advantage to those living in Amherst.
Moving to other essential expenses, Amherst continues to show competitive rates. Groceries, for instance, have a cost index of 92, which indicates a modest 8% increase compared to the national average. Utilities in Amherst stand at 95, just 5% above the average, while transportation costs are at 90, 10% below average. Healthcare costs are slightly above the average at 88, reflecting a 12% saving. Finally, miscellaneous expenses have a cost index of 80, meaning they are 20% lower than the nationwide average. Overall, these figures highlight that Amherst offers a generally lower cost of living, making it an attractive option for many.
