Piketon, OH, offers a cost of living that is notably lower than the nationwide average. The overall cost of living index in Piketon stands at 85, which is 15% below the national average of 100. This lower cost of living makes Piketon an attractive option for those looking to reduce their expenses while maintaining a decent quality of life.
Specifically, housing costs are 25% lower than the national average, groceries are 15% lower, and utilities are only 10% lower. Transportation and healthcare costs are also slightly below the national average, while miscellaneous expenses are just 2% below. This balanced reduction across various sectors makes Piketon a cost-effective choice for many.
Piketon, OH, offers a cost of living that is notably lower than the nationwide average, which is set at 100. Housing costs in Piketon stand at 75, which means residents spend 25% less than the national average on housing. This lower housing index can be a significant advantage for those looking to save on living expenses.
In addition to housing, other areas such as groceries and transportation also reflect lower costs. Groceries in Piketon are priced at 85, which is 15% below the national average. Similarly, transportation costs are at 80, indicating a 20% savings. These lower costs can make a substantial difference in monthly budgets. However, healthcare costs are slightly higher, with an index of 95, meaning residents pay 5% more for healthcare services compared to the national average. Overall, Piketon provides a more affordable living experience in several key areas.