The cost of living in Canfield, OH, is notably lower than the nationwide average. Housing costs 25% less, while groceries are 15% less expensive. Utilities are 10% higher, but healthcare costs 5% more. Overall, Canfield offers a more affordable living experience compared to the national average.
The cost of living index in Canfield, Ohio, reveals a mix of affordability and expenses when compared to the nationwide average. Housing costs in Canfield stand at 75, which is 25% lower than the national average. This suggests that residents can find more affordable housing options, making it easier to manage living expenses. Groceries in Canfield are priced at 85, which is 5% lower than the average, offering some savings in daily food purchases.
Utilities in Canfield are slightly higher, with an index of 90, which is 10% above the national average. This indicates that while housing and groceries are more affordable, utility costs are closer to the national average. Transportation costs in Canfield are at 80, which is 20% lower than the average, providing another area where residents can save money. Overall, Canfield presents a balanced cost of living with some areas offering savings and others being close to the national average.