Madeira, OH, offers a lower cost of living compared to the nationwide average. The overall cost of living index in Madeira stands at 92, which is 8% below the national average of 100. This reduction is particularly noticeable in housing, where the cost is 10% lower than the national average.
While groceries and healthcare costs in Madeira are slightly below average, utilities and miscellaneous expenses align closely with the national average. Transportation costs, however, are 15% lower than the national average. This makes Madeira an attractive option for those seeking a more affordable lifestyle without significant sacrifices in quality.
Madeira, OH, presents a cost of living that is notably lower than the nationwide average, which is set at 100. Housing costs in Madeira are 90, meaning residents spend 10% less than the national average. This reduction in housing expenses can be a significant advantage for those looking to relocate or purchase property in the area.
Additionally, the cost of groceries in Madeira stands at 95, which is 5% less than the national average. This makes everyday food shopping slightly more affordable. Utilities, however, match the national average at 100, indicating no significant savings or cost increases. Transportation costs are 85, which is 15% lower than the national average, making it cheaper to get around. Healthcare costs are slightly below the average at 98, which is a 2% reduction. Miscellaneous expenses, which include items like entertainment and personal care, are at 92, representing an 8% savings. Overall, Madeira offers a cost of living that is 8% lower than the national average, making it an attractive option for those seeking a more affordable lifestyle.
