Montgomery, OH, offers a cost of living that is slightly below the nationwide average. The overall cost of living index for Montgomery stands at 91, which is 9% lower than the national average of 100. This makes housing, utilities, and transportation more affordable for residents, while groceries, healthcare, and miscellaneous expenses remain close to the national average.
Job seekers considering Montgomery will find that their housing costs are 15% lower, while groceries and healthcare expenses are only 5% below the national average. Utilities and transportation costs are also 10% lower, providing a more budget-friendly environment for living.
Montgomery, OH, has a cost of living index that is slightly lower than the nationwide average. The overall cost of living index for Montgomery stands at 91, which is 9% below the national average of 100. This means that the expenses for housing, groceries, utilities, transportation, healthcare, and miscellaneous items are generally more affordable in Montgomery compared to the rest of the country.
Housing in Montgomery is notably cheaper, with an index of 85, which is 15% lower than the national average. This makes it an attractive option for those looking to save on housing costs. Groceries also show a slight decrease, with an index of 95, which is 5% below the national average. Utilities and transportation each have an index of 90, which is 10% lower than the average. Healthcare costs are slightly below the national average at 95, offering a 5% savings. Miscellaneous expenses, with an index of 92, are 8% lower than the national average. These factors combined make Montgomery a cost-effective place to live for many individuals and families.
