Minerva, OH, offers a cost of living that is notably below the nationwide average. The overall cost of living index stands at 87, reflecting a 13% decrease from the national average of 100. This lower cost spans various sectors such as housing, groceries, and utilities, making Minerva an attractive option for individuals and families looking to optimize their expenditures without sacrificing quality of life.
Detailed analysis reveals that housing costs in Minerva are 22% lower than the national average, while groceries and utilities are respectively 10% and 15% below the average. These savings can provide significant financial relief for those relocating to Minerva, making it easier to manage day-to-day expenses and allocate resources more efficiently.
Minerva, OH, presents a favorable cost of living when compared to the nationwide average, which is indexed at 100. Housing costs in Minerva stand at 78, representing a 22% decrease from the national average. This lower cost makes housing more affordable for residents and newcomers alike.
Beyond housing, other expenses in Minerva also compare well to the national average. For instance, groceries cost 90, just 10% above the nationwide index. Utilities in Minerva are 85, which is 15% below the national standard. Transportation costs align closely with the average at 90, offering little difference in expense. Healthcare, however, slightly exceeds the average at 95, reflecting a modest 5% increase. Miscellaneous costs are also at 87, which is 13% under the national average. Overall, Minerva offers a range of expenses that are either at or below the national norms, making it an attractive option for those seeking a balanced cost of living.
