Montgomery, OH, offers a lower cost of living compared to the nationwide average. The overall cost of living index for Montgomery stands at 93, which is 7% below the national average of 100. This makes housing, groceries, and utilities more affordable for residents. For instance, housing costs in Montgomery are 13% lower than the national average, while groceries and utilities are 5% and 10% lower, respectively.
Montgomery, OH, offers a cost of living that is slightly below the nationwide average. The housing index stands at 87, which means housing costs are 13% lower than the national average. This makes it an attractive option for those looking to save on housing expenses. Additionally, the grocery index is 95, indicating that groceries are just 5% below the average cost across the country. This slight reduction can help residents manage their food budgets more effectively.
Utilities in Montgomery are priced at 90, which is 10% lower than the national average. This reduction can contribute to overall savings for households. Transportation costs are also slightly below average, with an index of 92, meaning they are 8% cheaper than the nationwide average. The healthcare index is 98, showing that healthcare costs are only 2% higher than the national average, which is relatively minor. Lastly, the miscellaneous index is 94, indicating that other expenses are 6% below the national average. Overall, Montgomery provides a cost-effective living environment with several areas offering savings compared to the national average.
