The cost of living index in Vermilion, OH, shows a mixed picture compared to the nationwide average of 100. Housing costs 15% lower, making it more affordable for residents. However, healthcare costs 8% higher, which could impact overall living expenses.
Utilities and groceries are close to the national average, with utilities at 90 and groceries at 95. Transportation costs slightly above average at 92, while miscellaneous expenses are 12% lower. This data helps job seekers understand the financial landscape in Vermilion.
The cost of living in Vermilion, OH, presents a favorable comparison to the nationwide average, which is set at 100. Housing costs in Vermilion stand at 85, indicating that residents spend 15% less on housing compared to the national average. This lower housing index can be a significant advantage for those looking to settle in Vermilion, as it provides more disposable income for other expenses.
Additionally, the grocery index in Vermilion is 95, which means that grocery costs are only 5% higher than the national average. This modest increase suggests that food expenses remain relatively manageable. Utilities in Vermilion are priced at 90, which is 10% lower than the national average, offering another area where residents can save money. Transportation costs are slightly above average at 92, indicating a minor increase of 2%. Healthcare costs are notably higher, with an index of 98, reflecting a 2% increase in expenses. Miscellaneous costs, at 88, show an overall 12% savings compared to the national average. These figures collectively highlight that Vermilion offers a cost of living that is generally favorable, with several categories below the national average.
