The cost of living in Eastlake, OH, is notably lower than the nationwide average. Housing, for instance, stands at 85, which is 15% below the national average of 100. Groceries, utilities, transportation, healthcare, and miscellaneous costs also show a slight decrease, with the highest being transportation at 97, which is 3% below the average.
Overall, the cost of living index in Eastlake, OH, is 92, reflecting an 8% reduction from the national average. This makes Eastlake a more affordable place to live compared to many other areas in the country.
The cost of living in Eastlake, Ohio, presents a favorable comparison to the nationwide average, which is set at 100. Housing costs in Eastlake stand at 85, indicating that residents can expect to pay 15% less than the average American. This reduction in housing expenses can make Eastlake an attractive option for those seeking more affordable living arrangements without sacrificing quality.
Additionally, the cost of groceries in Eastlake is slightly above the national average, with an index of 92. This means that grocery prices are 2% higher than the nationwide average. Utilities in Eastlake are also close to the national average, with an index of 95, showing only a 5% increase. Transportation costs are nearly on par with the national average, at 97, which is a 3% increase. Healthcare costs in Eastlake, at 88, are 12% below the national average, offering potential savings for those concerned with medical expenses. Miscellaneous costs, at 90, are 10% below the national average, providing further opportunities for cost savings. Overall, Eastlake offers a cost of living that is competitive with, or in some cases lower than, the national average.