The cost of living index in Norwalk, OH, shows a varied picture compared to the nationwide average of 100. Housing costs in Norwalk are notably lower, standing at 82. This means that housing expenses are 18% below the national average. In contrast, some categories like groceries and healthcare are close to the national average, with figures at 90 and 92, respectively. Overall, the cost of living in Norwalk, OH, presents a mix of both lower and comparable expenses, making it a potentially attractive location for budget-conscious individuals.
The cost of living index in Norwalk, OH, shows that the city offers a slightly more affordable lifestyle compared to the nationwide average. With a housing index of 82, residents find housing costs approximately 18% below the national average. This means that, on average, people in Norwalk spend less on housing than the typical American household.
Norwalk's grocery costs, indexed at 90, reflect a minor increase of 10% above the national average. This modest rise indicates that while groceries are slightly more expensive, they remain relatively affordable. Additionally, the utilities index stands at 95, meaning utility costs are 5% higher than the national average. Despite this, the transportation index of 88 shows a reduction of 12%, making it cheaper to get around. Healthcare costs in Norwalk are close to the national average at 92, only 2% higher. Miscellaneous costs, indexed at 85, suggest an overall affordability 15% below the national average. This data presents Norwalk as a cost-effective place to live with many areas priced below the national average.