Madeira, OH, offers a cost of living that is notably lower than the nationwide average. The overall cost of living index in Madeira stands at 89, which is 11% below the national average of 100. This reduction is primarily driven by the housing index, which is 23% lower than the national average.
While other areas like groceries and utilities are close to the national average, the lower housing costs make Madeira an attractive option for those seeking a more affordable lifestyle without significant sacrifices in other living expenses.
Madeira, OH, offers a cost of living that is notably lower than the nationwide average, which is set at 100. The housing index in Madeira stands at 77, indicating that housing costs are 23% less than the national average. This makes it an attractive option for those looking to save on their housing expenses. Additionally, the transportation index is 92, which means transportation costs are 8% less than the average.
When considering other expenses, the grocery index in Madeira is 96, only 4% below the national average. Utilities cost 90, which is 10% less than the average. Healthcare costs are slightly below the national average at 95, which is 5% less. Miscellaneous expenses are 88, meaning they are 12% less than the national average. Overall, Madeira provides a cost-effective living environment with several expenses below the national average.
