Waterville, OH, has a lower cost of living compared to the nationwide average. According to the data, the overall cost of living index in Waterville stands at 89, which is 11% below the national average of 100. This suggests that expenses for housing, utilities, healthcare, and miscellaneous items are relatively cheaper in Waterville than the average U.S. city.
Job seekers may find this information appealing, as it indicates potential savings on several living expenses. Housing, for instance, is 15% less expensive than the national average, and groceries are just 8% below the typical cost. Although transportation costs are slightly higher at 5% above average, the overall lower cost of living makes Waterville an attractive option for many.
The cost of living index in Waterville, OH, provides a clear picture of how expenses in this area compare to the nationwide average, which is set at 100. Waterville offers a relatively affordable living environment. Housing costs are notably lower, with an index of 85. This means residents spend 15% less on housing compared to the national average. People moving to Waterville can expect to find housing that is quite affordable, making it easier to manage living expenses.
In addition to housing, other living costs in Waterville also tend to be lower. For instance, groceries have a cost of living index of 92. This is 8% less than the national average. Utilities, at an index of 90, are also slightly cheaper. Transportation costs are just above average, with an index of 95, showing a minor increase of 5%. Healthcare costs, with an index of 88, are 12% below the national average, providing additional savings for residents. Miscellaneous expenses, at an index of 87, are also 13% lower than the national average. Overall, Waterville offers a more affordable lifestyle in multiple areas compared to the nationwide standard.
