Englewood, OH, presents a favorable cost of living, with the overall index significantly lower than the nationwide average. Specifically, the cost of living index in Englewood stands at 84, which is 16% below the national benchmark of 100. This lower cost makes Englewood an attractive option for job seekers looking to maintain a higher quality of life with potentially lower expenses.
Englewood, OH, offers a cost of living that is notably lower than the nationwide average, which stands at 100. According to the latest data, Englewood's housing index stands at 76, meaning housing costs are 24% lower than the national average. Job seekers will find this particularly attractive, as affordable housing can lead to significant savings. In addition to housing, other categories like groceries, utilities, transportation, healthcare, and miscellaneous expenses also show Englewood to be a budget-friendly place to live. Groceries and healthcare, for example, cost 10% and 12% less, respectively, while utilities and transportation each come in at 5% less than the average. Even with miscellaneous costs at 80, this remains 20% lower than the nationwide average.
Looking at the specific cost of living categories, Englewood continues to show a favorable comparison. The transportation index is 85, indicating a 15% savings on travel costs. Healthcare, which is 88, offers a 12% reduction in medical expenses. Utilities cost slightly below the national average at 95, which translates to a 5% decrease. Englewood also does well in the groceries category, with an index of 90, representing a 10% savings on food expenses. Though the miscellaneous costs are at 80, indicating a 20% drop, overall, Englewood provides a balanced and appealing cost of living, making it an attractive option for potential residents and job seekers.
