The cost of living index in Kenton, OH, reveals that housing is significantly more affordable than the nationwide average. Housing costs, at an index of 70, are 30% lower than the national average of 100. While groceries, utilities, transportation, healthcare, and miscellaneous expenses are also below the national average, they are relatively close, ranging from 80 to 92 in index points. Overall, Kenton offers a cost of living that is generally favorable for prospective residents.
The cost of living index in Kenton, OH, offers a favorable comparison to the nationwide average, which is set at 100. In Kenton, housing costs are significantly lower, with an index of 70. This means housing in Kenton costs about 30% less than the national average. This lower cost can make living expenses more manageable for families and individuals.
Other areas like groceries, utilities, transportation, healthcare, and miscellaneous costs also show Kenton’s affordability. Groceries have an index of 92, meaning they cost 2% more than the national average. Utilities are at 90, 10% less expensive. Transportation costs are indexed at 85, which means they are 15% cheaper. Healthcare costs are at 88, only 2% below average. Lastly, miscellaneous expenses are indexed at 80, showing a 20% decrease compared to the national average. Overall, these figures highlight the more affordable living conditions in Kenton, OH.