The cost of living index in Wapakoneta, OH, stands at 86, which is 14% lower than the nationwide average of 100. This lower index suggests that residents in Wapakoneta can expect to spend less on various living expenses compared to the national average.
Specifically, housing costs in Wapakoneta are 22% below the national average, while groceries are only 8% below. Utilities, transportation, healthcare, and miscellaneous expenses also fall slightly below average, making Wapakoneta a more affordable place to live.
The cost of living in Wapakoneta, Ohio, presents a favorable comparison to the nationwide average. The housing index in Wapakoneta stands at 78, which is 22% lower than the average cost of living. This suggests that housing expenses in Wapakoneta are significantly more affordable, making it an attractive option for those looking to save on their living expenses.
Additionally, other essential costs such as groceries, utilities, transportation, healthcare, and miscellaneous items also show a trend below the national average. Groceries cost 92, utilities 88, transportation 85, healthcare 90, and miscellaneous items 83. These figures indicate that residents of Wapakoneta can expect to spend less on these categories compared to the average American. Overall, Wapakoneta offers a cost of living that is notably lower, making it a smart choice for individuals and families seeking to manage their budgets effectively.