The cost of living in Lyndhurst, OH, is slightly below the nationwide average of 100. Specifically, the overall cost of living index stands at 91, which means living expenses in Lyndhurst are about 9% less than the national average. Breaking it down, housing costs are 13% lower, while utilities are 2% higher.
Lyndhurst offers relatively affordable housing and groceries, with these categories being 8% and 2% below the national averages, respectively. Transportation costs are also 10% lower, making this area a potentially attractive option for those looking to save on commuting expenses.
Lyndhurst, OH, exhibits a cost of living index that is generally below the nationwide average of 100. According to the latest data, the housing index stands at 87, indicating that housing costs in Lyndhurst are 13% less than the national average. This makes it more affordable for residents to find suitable housing options, potentially saving them a significant portion of their income compared to other areas.
In addition to housing, the grocery index in Lyndhurst is 92, which means groceries are 8% less expensive than the nationwide average. Utilities also remain competitive, with an index of 98, just 2% above average. Transportation costs show a slight decrease with an index of 90, which is 10% lower than the national average. Healthcare costs mirror the national average at 95, while miscellaneous expenses are also slightly below average at 88, translating to a 12% saving. Overall, these figures suggest that Lyndhurst, OH, provides a cost of living that is notably more affordable across various essential sectors.
