The cost of living index in Montgomery, OH, reveals some affordable options for residents compared to the nationwide average of 100. Housing stands at 85, which is 15% lower. However, groceries at 95 are close to the national average, with a slight increase of 5%.
Transportation at 92 and utilities at 90 both remain just a bit above the average. Healthcare costs, at 89, are 11% lower, offering a significant saving. Miscellaneous expenses are at 94, which is 4% higher than average. Overall, Montgomery provides a more affordable living experience in most areas.
Montgomery, OH, showcases a cost of living index that is notably lower than the nationwide average, which is standardized at 100. Specifically, Montgomery's housing costs stand at 85, indicating that residents can expect to pay 15% less for housing compared to the national average. This lower housing cost provides an attractive financial advantage for those considering a move to Montgomery.
In addition to housing, Montgomery's grocery costs are at 95, just 5% above the national average. Utilities in the area are also slightly below average, sitting at 90, which means residents spend 10% less on utilities. Transportation costs are nearly on par with the national average, at 92, showing only a slight 8% reduction. Healthcare costs follow closely at 89, meaning a savings of 11% on healthcare services. Miscellaneous expenses, such as entertainment and personal care, are at 94, reflecting a modest increase of 4% above the average. Overall, Montgomery offers a competitive cost of living that can be significantly more affordable in several key areas.
