The cost of living index in Kenton, OH, reveals intriguing comparisons to the nationwide average, which is set at 100. Housing stands notably lower, at 75, suggesting that residents of Kenton can expect to pay 25% less on housing compared to the national average. Despite this, other categories such as groceries, utilities, transportation, healthcare, and miscellaneous expenses hover around or slightly above the national average, indicating a generally balanced cost of living in Kenton.
In Kenton, Ohio, the cost of living index offers a clearer picture of the financial landscape for residents compared to the nationwide average. The housing index in Kenton stands at 75, which is significantly lower than the national average of 100. This means that housing costs in Kenton are 25% less than the average cost across the country. Such affordability can be a major draw for individuals and families looking to secure more value in their spending on shelter.
Other aspects of living in Kenton also show differences from the nationwide average. Groceries in Kenton have an index of 90, which is 10% lower than the national cost. Utilities are slightly below the average, with an index of 85, meaning they are 15% less expensive. Transportation costs are at 80, indicating a 20% reduction compared to the average. Healthcare, however, is slightly above the average with an index of 95, showing a 5% increase. Miscellaneous costs also stand at 88, which is 12% below the average. Overall, Kenton provides a more affordable living experience in most categories compared to the nationwide average.
