Vermilion, OH, showcases a lower cost of living index compared to the nationwide average. Housing costs are 14% below the national average, while groceries, utilities, transportation, and miscellaneous expenses are slightly lower by 6%, 5%, 2%, and 11% respectively. Healthcare costs, however, mirror the national average. This detailed breakdown helps job seekers understand the financial landscape in Vermilion.
The cost of living in Vermilion, OH, presents a generally lower index compared to the nationwide average, which stands at 100. Housing costs in Vermilion are 86, indicating an affordable market with a 14% reduction from the national average. This suggests that job seekers might find it easier to find suitable housing within their budget.
When examining other essentials, Vermilion also shows competitive prices. For instance, groceries cost 94, meaning they are 6% cheaper than the national average. Utilities stand at 95, just slightly below the average, indicating minor expenses in this area. Transportation costs are at 92, which is 8% less than the average. Healthcare costs match the national average at 100, while miscellaneous expenses are at 89, offering a 11% advantage. Overall, Vermilion offers a lower cost of living in several key areas, making it an attractive option for those seeking affordability without compromising on essential services.