The cost of living index for Warrensville Heights, OH, shows a mixed picture. Housing costs are notably lower, at 70% of the nationwide average. This means residents can expect to pay less for housing compared to the national norm. In contrast, transportation expenses are slightly higher at 95% of the average, while other costs like groceries, utilities, healthcare, and miscellaneous items remain close to or just slightly above the national average. This varied index reflects a balanced living situation with both savings and minor increases in certain areas.
The cost of living in Warrensville Heights, Ohio, offers a more affordable lifestyle compared to the nationwide average, which is set at 100. According to the latest data, the housing cost index in Warrensville Heights stands at 70, indicating that housing expenses are significantly lower than the average. This means residents can save about 30% on housing compared to what they might pay on average elsewhere. Lower housing costs can free up more of a budget for other necessities and discretionary spending.
Additionally, grocery prices in Warrensville Heights are at 90, which is 10% lower than the national average. This modest decrease in grocery costs can result in considerable savings over time for families and individuals. Utilities and transportation costs are also slightly lower, at 85 and 95 respectively, while healthcare costs match the national average at 100, offering no significant difference in this category. Miscellaneous costs, at 92, are also just 2% higher than the national average, making everyday purchases relatively comparable to other regions. Overall, Warrensville Heights presents a cost of living that is well below the national average, providing an attractive option for those seeking a more budget-friendly lifestyle.
