The cost of living index in Kenton, OH, stands at 88, which is 8% below the nationwide average of 100. This lower index suggests that residents in Kenton can expect to spend less on various living expenses compared to the average American.
Specifically, housing costs in Kenton are 15% lower, while groceries and utilities are slightly below the national average. Transportation and healthcare costs are also marginally lower, making Kenton an attractive option for those seeking a more affordable lifestyle.
The cost of living in Kenton, OH, presents a favorable comparison to the nationwide average, which is set at 100. Housing costs in Kenton stand at 85, indicating that residents spend 15% less on housing compared to the national average. This lower housing index can be a significant advantage for those looking to settle in Kenton, as it provides more disposable income for other expenses.
In addition to housing, other cost categories in Kenton also show competitive rates. For instance, the grocery index is at 90, meaning groceries cost 10% less than the national average. Utilities, at 95, are only 5% higher, while transportation costs are slightly lower at 92, reflecting a 8% saving. Healthcare costs are at 88, which is 12% below the national average, and miscellaneous expenses are at 80, indicating a 20% reduction. Overall, Kenton offers a cost of living that is generally lower than the national average, making it an attractive option for budget-conscious individuals.
