Minerva, OH, presents a cost of living index that is notably lower than the nationwide average, which is set at 100. The overall cost of living index for Minerva stands at 88, indicating that residents can expect to spend about 12% less than the average American. This lower cost is particularly evident in housing, where the index is 80, suggesting a significant savings for those considering a move to Minerva.
Minerva, OH, presents a cost of living that is notably lower than the nationwide average. The housing index in Minerva is 80, which is 20% below the national average. This suggests that housing expenses in Minerva are significantly more affordable compared to the rest of the country. For job seekers, this means they can potentially save a substantial portion of their income on housing.
In addition to housing, other cost categories in Minerva also show a favorable comparison. Groceries cost 90, which is 10% below the national average. Utilities are at 95, just 5% above the national average, making them relatively affordable. Transportation costs are at 85, which is 15% below the national average, indicating that commuting and other transportation needs are cheaper. Healthcare costs are at 95, matching the national average, which is a neutral point for job seekers. Lastly, miscellaneous expenses are at 88, which is 12% below the national average. Overall, Minerva offers a cost of living that is 12% lower than the nationwide average, making it an attractive option for those looking to manage their expenses effectively.