Mount Gilead, OH, offers a cost of living that is slightly below the nationwide average. The overall cost of living index for Mount Gilead stands at 89, which is 11% lower than the national average of 100. This makes housing, groceries, utilities, transportation, healthcare, and miscellaneous expenses more affordable for residents and job seekers in the area.
The lower cost of living in Mount Gilead provides a more budget-friendly environment, making it an attractive option for those looking to manage expenses effectively.
Mount Gilead, OH, presents a cost of living that is notably lower than the nationwide average. The housing index in Mount Gilead stands at 85, which is 15% below the national average of 100. This suggests that housing costs in Mount Gilead are more affordable, making it an attractive option for those looking to save on their living expenses.
Additionally, the grocery index in Mount Gilead is 90, which is 10% below the national average. This indicates that groceries are slightly cheaper in Mount Gilead compared to the rest of the country. Utilities, transportation, healthcare, and miscellaneous costs also show a similar trend, with indices of 95, 92, 88, and 87, respectively. These figures represent savings of 5%, 8%, 12%, and 13% compared to the national average. Overall, Mount Gilead offers a cost of living that is more economical, providing potential savings across various essential expenses.