The cost of living index in Ravenna, OH shows a more affordable lifestyle compared to the nationwide average. Housing costs in Ravenna are 24% lower, making it easier for job seekers to find affordable homes. The combined cost of groceries, utilities, transportation, healthcare, and miscellaneous expenses is around 90%, indicating they are close to the national average.
The cost of living in Ravenna, OH, compared to the nationwide average, shows notable differences across various categories. In housing, Ravenna’s cost of living index is 76, which is 24% lower than the national average of 100. This means that rent and home purchases in Ravenna are generally more affordable for residents and job seekers.
Other areas also reflect variances. For groceries, Ravenna has an index of 89, which is 11% below the national average. Utilities in Ravenna are slightly higher, with an index of 94, making them 4% more expensive. Transportation costs are close to average, at 90, just 10% lower than the national standard. Healthcare, with an index of 95, is 5% more costly. Lastly, miscellaneous expenses have an index of 85, which is 15% lower than the national average. Overall, Ravenna offers a mix of costs that vary from the national average, providing insights for job seekers considering relocation.