Swanton, OH, offers a cost of living that is notably lower than the nationwide average. The overall cost of living index for Swanton stands at 85, which is 15% below the national benchmark of 100. This reduction makes Swanton an attractive option for those seeking more affordable living conditions without sacrificing essential services.
Swanton's lower housing index of 75, which is 25% below the national average, plays a significant role in its overall cost-saving advantage. Additionally, utilities and miscellaneous costs are also slightly below average, further contributing to the town's appeal for budget-conscious individuals.
Swanton, OH, presents a cost of living that is notably lower than the nationwide average. The housing index in Swanton stands at 75, which is 25% below the national average. This suggests that housing costs in Swanton are significantly more affordable compared to the rest of the country. For job seekers, this means they can potentially find more budget-friendly housing options, allowing them to allocate more funds to other essential needs.
In addition to housing, Swanton's grocery costs are also lower than the national average. The grocery index is 90, which is 10% below the nationwide average. This indicates that residents can save on their food expenses, making it easier to manage their household budgets. Utilities in Swanton are at 87, which is 13% less than the national average. This lower cost of utilities further enhances the affordability of living in Swanton, providing additional savings for residents.