Mount Gilead, OH, offers a cost of living that is notably lower than the nationwide average. The overall cost of living index for Mount Gilead stands at 85, which is 15% below the national average of 100. This lower cost of living makes it an attractive option for job seekers looking to maximize their purchasing power.
Specifically, housing costs in Mount Gilead are 25% below the national average, while groceries and utilities are slightly above average. Transportation costs are 5% higher, but healthcare and miscellaneous expenses are both below the national average. This balanced mix of costs provides a favorable living environment for those considering relocation to Mount Gilead.
The cost of living in Mount Gilead, OH, presents a favorable comparison to the nationwide average, which is set at 100. Housing costs in Mount Gilead stand at 75, indicating that residents can expect to pay 25% less than the national average for housing. This lower housing index can be a significant advantage for those looking to settle in Mount Gilead, as it provides a substantial reduction in one of the primary expenses.
Additionally, the grocery index in Mount Gilead is 85, which is 15% below the national average. This means that groceries are more affordable compared to the rest of the country. Utilities, which are crucial for daily living, have an index of 90, only 10% above the national average. This slight increase suggests that utility costs are relatively manageable. Transportation costs are at 95, which is 5% higher than the national average, indicating a minor increase in this area. Healthcare costs, at 80, are 20% lower than the national average, offering another significant saving for residents. Finally, miscellaneous costs, which include items like entertainment and personal care, are at 88, which is 12% below the national average. Overall, the cost of living in Mount Gilead, OH, offers several areas where expenses are lower than the national average, making it an attractive option for many.
