The cost of living index in Oberlin, OH, shows a mixed picture compared to the nationwide average, which is set at 100. Housing costs in Oberlin are 15% lower, while groceries and utilities are slightly above average at 90% and 95%, respectively. Healthcare costs match the national average, but miscellaneous expenses are at 92%. This data suggests that while some areas are more affordable, others are close to the national average.
The cost of living in Oberlin, Ohio, presents a mix of affordability and moderate expenses when compared to the nationwide average. Housing costs are notably lower, with an index of 85, which means they are 15% below the national average. This makes housing in Oberlin a more budget-friendly option for many residents. Groceries also show a slight decrease, with an index of 90, which is 10% less than the average. This can help residents save on their monthly food expenses.
Utilities, transportation, and miscellaneous costs in Oberlin are close to the national average. The utility index stands at 95, which is just 5% below the average, indicating minimal extra expense for these services. Similarly, transportation costs at 95 and miscellaneous expenses at 92 are only slightly below the national average, offering a balanced cost structure. Healthcare costs in Oberlin match the national average, with an index of 100, ensuring that residents have access to similar healthcare services without additional costs. Overall, Oberlin provides a cost-effective living environment with some areas offering significant savings.
