The cost of living in Geneva, OH, stands at 90, as shown on the provided graph, which is slightly below the nationwide average of 100. This modest 10% difference indicates that residents can expect to spend less on most daily expenses compared to the national standard. Although some categories, like groceries and transportation, are slightly above the national average, the overall cost of living remains affordable.
Geneva offers a relatively lower cost of living, which can be advantageous for job seekers and families. Lower housing costs and comparable prices for utilities and healthcare make it an attractive option for those relocating. This balance of cost and living quality provides a compelling reason for considering Geneva, OH, as a potential place to live.
The cost of living in Geneva, OH, stands at 90, which is slightly below the nationwide average of 100. This index value suggests that overall expenses in Geneva are about 10% less than what someone might expect to find across the country. Housing, for example, has an index of 85, which means it costs 15% less than the national average to live in Geneva. This lower cost can be particularly beneficial for renters and homeowners alike, offering some financial relief.
In addition to housing, other key areas also reflect this lower cost of living. Groceries in Geneva have an index of 95, which means they are only 5% less expensive than the national average. Utilities, with an index of 90, show a 10% reduction from the average. Transportation costs slightly exceed the average at 92, only 8% higher. Healthcare, with an index of 88, offers savings of 12%, and miscellaneous expenses at 87 index points provide 13% savings. These statistics highlight that Geneva offers a more affordable lifestyle in several important areas, making it an attractive location for those seeking to manage their expenses effectively.
