Cost of living in Cambridge
Cambridge, Ohio, offers a unique blend of small-town charm and modern amenities. Understanding the cost of living in this city is crucial for potential residents and those planning to relocate.
This guide provides a detailed breakdown of expenses, including housing, dining, transportation, and more, to help you make informed financial decisions.
Cost of Living Summary
Dining and Restaurants
- Inexpensive Restaurant Meal - A meal at a casual restaurant will typically cost $16 on average, with a range between $8 and $32.
- Mid-Range Restaurant (Three-Course Meal for Two) - For a more upscale dining experience, expect to pay around $54.5, with prices ranging from $45 to $80.
- Fast Food (e.g., McDonald's) - A McMeal or equivalent combo meal averages $8.5, with a range between $8 and $8.5.
- Beverages (e.g., Domestic Beer, Imported Beer, Cappuccino, Coke/Pepsi) - Domestic beer ranges from $3.25 to $10, imported beer $5 to $12, cappuccino $3 to $5, and Coke/Pepsi $2 to $3.
Grocery Prices
- Milk - Milk is priced between $0.71 and $0.86 per liter, averaging $0.79.
- Bread (Loaf of Fresh White Bread) - A loaf of fresh white bread costs between $1.47 and $4.41, with an average price of $2.52.
- Eggs (Dozen) - A dozen eggs range from $2.42 to $2.8, averaging $2.67.
- Fruits (e.g., Apples, Oranges) - Apples cost $3.9 to $5.67 per kg, while oranges range from $2.47 to $10.1 per kg.
- Vegetables (e.g., Potatoes, Lettuce) - Potatoes are priced at $3.75 per kg, and lettuce costs $1.5 to $2.99 per head.
Transportation
- Fuel (Gasoline) - Gasoline is priced between $0.71 and $0.94 per liter.
- Car Purchase (e.g., Volkswagen Golf, Toyota Corolla) - A new Volkswagen Golf costs $36,111.63, while a Toyota Corolla is priced at $25,000.
Housing Costs
- 1-Bedroom Apartment Rent (City Centre) - Rent for a 1-bedroom apartment in the city centre averages $2500.
Utilities
- Basic Utilities (Electricity, Heating, Water, etc.) - Basic utilities for an 85m2 apartment cost between $175 and $236.11, averaging $205.56.
- Internet - Internet services range from $55 to $80, with an average cost of $59.
Cost of Living Rankings
The cost of living indices for the United States are compared to New York City (NYC), which serves as the baseline with an index of 100. These provide insights into the relative cost of living in different cities in United States, covering factors like consumer goods, rent, and purchasing power.
Cost of Living Data
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"Key Takeaways"
Cambridge, OH, presents a moderate cost of living with affordable dining options and reasonable grocery prices.
Housing costs, particularly in the city centre, are relatively high, which could impact overall living expenses.
Transportation costs are manageable, with gasoline prices being quite low compared to national averages.
Conclusion
In conclusion, Cambridge, OH, offers a balanced cost of living with affordable options in dining and groceries.
While housing in the city centre can be expensive, the overall expenses remain manageable for many residents.
Prospective residents should consider their housing needs and transportation preferences when planning their budget.