The cost of living in Ravenna, OH, is lower than the nationwide average. Housing prices are 17% below the national average, while groceries are 5% below average. Other categories like utilities and healthcare are close to or slightly above the average, making Ravenna a more affordable place to live overall.
For job seekers, this means living expenses in Ravenna are manageable. The lower housing and grocery costs can make Ravenna an attractive option for those looking to minimize their living expenses. This cost of living advantage could be a key factor when considering job opportunities in the area.
The cost of living in Ravenna, OH, stands at 89 compared to the nationwide average of 100. This means that overall expenses in Ravenna are slightly below the national average. Housing costs specifically are 17% lower, with an index of 83. While this makes housing more affordable, job seekers should consider other factors when planning their budget.
In Ravenna, groceries and utilities cost slightly less than the national average. The grocery index is at 95, which is 5% lower, and the utilities index is at 92, which is 8% lower. These modest savings can offset some of the higher costs in other areas. Transportation costs are also lower, at 88, which is 12% less. Healthcare costs are close to the average, at 93, making them slightly cheaper than the national average, but not significantly so. Miscellaneous expenses are at 85, 15% lower than the national average, offering some additional savings.
