Eastlake, OH, presents an attractive cost of living for potential residents. The city's overall cost of living index stands at 88, which is 12% below the nationwide average of 100. This means residents typically spend less on living expenses compared to the national average.
Breaking down the cost of living index, Eastlake scores notably low in housing at 78, indicating an 18% decrease from the average. While groceries and healthcare prices remain close to average, with indexes at 90 and 93 respectively, other areas such as utilities, transportation, and miscellaneous costs are also below the national average. This combination suggests that Eastlake offers a cost-effective living environment, particularly for housing and utilities.
Eastlake, OH, offers a relatively affordable living experience when compared to the nationwide average, which stands at 100. According to the data, Eastlake's housing costs are 22% lower than the national average. This makes it easier for residents to find affordable housing options. Groceries in Eastlake are priced at 90 on the cost of living index, indicating a 10% increase over the national average, which means residents spend slightly more on food.
Utilities, another essential expense, cost 95% of the national average in Eastlake. This represents a modest 5% increase, suggesting that utility bills remain relatively manageable for residents. Transportation costs are 88% of the nationwide average, which means residents enjoy a 12% savings in this area. Healthcare costs are slightly higher, with a 93% index, indicating a 7% increase compared to the national average. Miscellaneous expenses stand at 85% of the national average, offering residents a 15% advantage in this category. Overall, Eastlake provides a cost of living that is attractive to those looking to reduce their overall expenses.
