The cost of living index in Vermilion, OH, shows a mix of affordability and higher expenses. Housing costs 25% less than the nationwide average, making it a more budget-friendly option. Groceries and utilities are slightly below average, at 90% and 85%, respectively, while transportation and healthcare match the national average.
Overall, Vermilion offers a cost of living that is 89% of the nationwide average, indicating it is generally cheaper to live there. This balance makes Vermilion a potentially attractive location for those seeking a more affordable lifestyle without sacrificing essential services.
The cost of living in Vermilion, OH, presents a favorable comparison to the nationwide average, which is set at 100. The housing index in Vermilion stands at 75, indicating that housing costs are 25% lower than the national average. This makes Vermilion an attractive option for those looking to save on housing expenses without sacrificing quality of life.
Additionally, the grocery index in Vermilion is 90, which is 10% lower than the national average. This suggests that residents can enjoy a more affordable grocery bill, contributing to overall savings. Utilities in Vermilion are at 85, which is 15% lower than the national average, offering another area where residents can save money. Transportation costs are slightly higher, with an index of 95, which is 5% above the national average. Healthcare costs in Vermilion match the national average, with an index of 100, ensuring that medical expenses remain consistent with the rest of the country. Miscellaneous costs are at 88, which is 12% lower than the national average, providing further savings opportunities. Overall, Vermilion offers a cost of living that is notably lower than the national average in several key areas.
