Montgomery, OH, offers a lower cost of living compared to the nationwide average. The overall cost of living index in Montgomery is 91, which is 9% below the national average of 100. This includes slightly lower housing costs at 85, while other categories like groceries, utilities, transportation, healthcare, and miscellaneous expenses are close to the average, varying from 90 to 95. This balance makes Montgomery an attractive option for those seeking affordability without significant trade-offs in quality of life.
Montgomery, OH, offers a cost of living that is notably below the nationwide average, which is set at 100. Housing costs in Montgomery stand at 85, indicating that residents can expect to spend about 15% less on housing compared to the average American. This lower housing index can be a significant advantage for those seeking affordability without compromising on living standards.
Other expenses such as groceries, utilities, transportation, healthcare, and miscellaneous items also reflect a favorable comparison to the national average. Groceries in Montgomery are priced at 95, meaning they are 5% cheaper than the national average. Utilities cost 90, which is 10% less. Transportation and healthcare follow closely with indices of 95 and 90, respectively, both being 5% lower than the nationwide figures. Miscellaneous expenses stand at 92, showing a modest 8% decrease. This data presents a clear picture of a more affordable living environment in Montgomery, OH, for various daily needs.