The cost of living index in Galion, OH, is notably lower than the nationwide average of 100. Specifically, Galion's overall cost of living stands at 88, reflecting a 12% reduction compared to the average. This lower cost of living makes Galion an attractive option for those seeking more affordable living expenses.
The cost of living in Galion, OH, presents a favorable comparison to the nationwide average, which is set at 100. Housing costs in Galion are notably lower, with an index of 80. This means residents can expect to pay 20% less for housing compared to the national average. Lower housing costs can significantly reduce the overall financial burden, making Galion an attractive option for those seeking affordability without sacrificing quality of life.
In addition to housing, other living expenses in Galion also tend to be lower than the national average. Groceries, for instance, have a cost of living index of 95, indicating a 5% savings on food costs. Utilities, at 90, show a 10% reduction, while transportation costs, indexed at 85, represent a 15% savings. Healthcare costs, with an index of 88, reflect an affordable 12% savings. Miscellaneous expenses, at 92, suggest a modest 8% savings. Overall, these figures highlight Galion's competitive cost of living, offering a balanced and economical lifestyle for residents.