Cost of living in Wadsworth
Wadsworth, located in Ohio, offers a unique blend of small-town charm and modern amenities. Understanding the cost of living in Wadsworth is crucial for anyone considering moving to or living in the area.
This guide provides a detailed breakdown of various expenses, including housing, transportation, groceries, 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 $20 on average, with a range between $18 and $35.
- Mid-Range Restaurant (Three-Course Meal for Two) - For a more upscale dining experience, expect to pay around $45, with prices ranging from $45 to $100.
- Fast Food (e.g., McDonald's) - A McMeal or equivalent combo meal averages $9.99, with a range between $8.5 and $10.
- Beverages (e.g., Domestic Beer, Imported Beer, Cappuccino, Coke/Pepsi) - Domestic beer ranges from $3 to $6, imported beer $4 to $8, cappuccino $1.5 to $5, and Coke/Pepsi $2 to $3.
Grocery Prices
- Milk - Milk is priced between $0.55 and $1 per liter, averaging $0.78.
- Bread (Loaf of Fresh White Bread) - A loaf of fresh white bread costs between $1.65 and $4.68, with an average price of $2.7.
- Eggs (Dozen) - A dozen eggs range from $1.39 to $2.75, averaging $2.31.
- Fruits (e.g., Apples, Oranges) - Apples cost $1.76 to $4.41 per kg, while oranges range from $2.2 to $7.25 per kg.
- Vegetables (e.g., Potatoes, Lettuce) - Potatoes are priced between $1.65 and $8.82 per kg, and lettuce costs $1.25 to $4 per head.
Transportation
- Fuel (Gasoline) - Gasoline is priced between $0.71 and $0.97 per liter.
- Taxi Fares - Taxi fares start at $2.5, with a cost of $1.55 to $2.5 per km and $21 to $40 per hour of waiting.
Housing Costs
- 3-Bedroom Apartment Rent (Outside Centre) - Rent for a 3-bedroom apartment outside the centre averages $1800.
- Buying Price per Square Meter (City Centre) - The price per square meter to buy an apartment in the city centre averages $1614.59.
- Buying Price per Square Meter (Outside Centre) - Outside the centre, the price per square meter averages $1453.13.
Utilities
- Basic Utilities (Electricity, Heating, Water, etc.) - Basic utilities for an 85m2 apartment cost between $110 and $844.55, averaging $199.29.
- Internet - Internet services range from $58 to $86, with an average cost of $65.57.
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"
Wadsworth offers a relatively affordable cost of living compared to larger cities, with moderate prices in dining and groceries.
Housing costs are reasonable, especially for those looking to rent or buy outside the city centre.
Transportation and utility costs are manageable, making Wadsworth a cost-effective choice for families and individuals alike.
Conclusion
In conclusion, Wadsworth, OH, presents a balanced cost of living that caters to a variety of lifestyles and budgets.
Whether you're planning to move or simply evaluating your current expenses, understanding these costs can help you make informed financial decisions.