The cost of living in Minster, OH, is slightly below the nationwide average. Specifically, the overall index stands at 90, which is 10% lower than the national benchmark of 100. This includes housing costs at 85, groceries at 90, utilities at 95, transportation at 92, healthcare at 98, and miscellaneous expenses at 88.
Minster offers more affordable living options for residents. The lower cost of housing and utilities helps balance the higher healthcare and miscellaneous expenses. Job seekers can benefit from these cost differences, making Minster an attractive place for a lower cost of living.
The cost of living index in Minster, Ohio, provides a clearer picture for those considering a move or a job change. When compared to the nationwide average of 100, Minster presents some affordable options. Housing costs, for instance, stand at 85, suggesting that renters and homeowners can expect to spend 15% less than the national average. Similarly, groceries are priced at 90, indicating a modest 10% saving on food expenditures.
Utilities in Minster are slightly above the national average, with an index of 95, meaning residents pay just 5% more for services such as electricity, gas, and water. Transportation costs are close to the average at 92, offering a 8% saving on commuting and fuel expenses. Healthcare, often a significant cost, is at 98, showing a minimal 2% increase over the national average. Lastly, miscellaneous expenses are at 88, meaning residents can save around 12% on items like entertainment and personal care. Overall, Minster presents a cost of living that is favorable for many, offering savings in key areas while remaining competitive in others.
