Hubbard, OH, has a lower cost of living compared to the nationwide average. The overall cost of living index in Hubbard stands at 86, which is 14% below the average of 100. This lower index makes Hubbard a more affordable place for housing, utilities, and miscellaneous expenses. However, groceries and healthcare costs are slightly higher, at 92 and 85, respectively.
The cost of living in Hubbard, OH, presents a favorable comparison to the nationwide average, which is set at 100. Housing costs in Hubbard stand at 76, indicating that residents spend 24% less on housing compared to the national average. This lower housing index can be a significant factor for job seekers considering relocation, as it suggests potential savings on one of the largest monthly expenses.
In addition to housing, the overall cost of living in Hubbard remains competitive. Groceries, utilities, transportation, healthcare, and miscellaneous expenses are all slightly below the national average, with indices of 92, 87, 85, 85, and 90, respectively. These figures show that residents of Hubbard spend between 8% and 15% less than the average American in these categories. For professionals evaluating job opportunities, these lower costs can translate into a more comfortable lifestyle and greater financial flexibility.