Avon Lake, OH Cost Of Living
Cost Of Living In Avon Lake, OH Summary
Cost of living in Avon Lake research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means Avon Lake is expensive. An index value below 100 means the city is a relatively cheap place to live.
On a city-by-city basis in Ohio, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:
The cost of living index in Avon Lake is 108, with 100 being the average.
The cost of living index in Avon Lake is 1.1x higher than the national average.
Avon Lake ranks as the #260 cheapest in Ohio out of 286.
Avon Lake ranks as the #3,954 cheapest out of 6,412 in the US.
The median home value in Avon Lake is $275,800.
The median income in Avon Lake is $95,121.
Table Of Contents
Avon Lake's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Avon Lake, OH?
According to the most recent data on the cost of living, Avon Lake has an overall cost of living index of 108, which is 1.1x higher than the national index of 100.
Compared to Ohio, Avon Lake has a cost of living index that's 1.2x higher than Ohio's index of 91.
The standard of living in Avon Lake ranks as #260 most affordable out of the 286 places we measured in Ohio. By definition, that implies Avon Lake ranks as the #26 most expensive place in the Buckeye State.
For more reading on life in Avon Lake, check out:
- Living In Avon Lake
- Avon Lake Crime Report
- Search Homes For Sale In Avon Lake, OH
In Ohio
In America
Avon Lake Cost Of Living Vs. Ohio
Six factors go into calculating the cost of living index in Avon Lake. Here is how it fairs on each of the criteria:
The Services index in Avon Lake is 102.
The Groceries index in Avon Lake is 105.
The Health index in Avon Lake is 109.
The Housing index in Avon Lake is 122.
The Transportation index in Avon Lake is 100.
The Utilities index in Avon Lake is 96.
| Living Expense | Avon Lake | Ohio | National Average | |
|---|---|---|---|---|
| Overall | 108 | 91 | 100 | |
| Services | 102 | 98 | 100 | |
| Groceries | 105 | 101 | 100 | |
| Health | 109 | 95 | 100 | |
| Housing | 122 | 73 | 100 | |
| Transportation | 100 | 98 | 100 | |
| Utilities | 96 | 93 | 100 | |
Avon Lake, OH Housing Cost Breakdown
Housing swings affordability the most between places in Ohio, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2017-2021. The key points are:
The Median Home Value in Avon Lake is $275,800.
The Median Rent in Avon Lake is $1,211.
The Median Income in Avon Lake is $95,121.
The Home Value To Income in Avon Lake is 2.9x.
The Rent To Monthly Income in Avon Lake is 0.15x.
| Statistic | Avon Lake | Ohio | United States |
|---|---|---|---|
| Median Home Value | $275,800 | $159,900 | $244,900 |
| Median Rent | $1,211 | $870 | $1,163 |
| Median Income | $95,121 | $61,938 | $69,021 |
| Home Value To Income | 2.9x | 2.6x | 3.5x |
| Rent To Monthly Income | 0.15x | 0.17x | 0.2x |
Median Home Value
Median Rent
Median Income
Avon Lake, OH Costs By Category
Detailed Avon Lake Services Costs Vs. Ohio
Detailed Avon Lake Groceries Costs Vs. Ohio
Detailed Avon Lake Health Costs Vs. Ohio
Detailed Avon Lake Transportation Costs Vs. Ohio
Detailed Avon Lake Utilities Costs Vs. Ohio
Avon Lake SnackAbility
/10
Cost Of Living In Cities Around Avon Lake
The cost of living varies in the cities and towns around Avon Lake. Here's a quick look at the cost of living in the most populous nearby places:
Lorain, OH has a cost of living index of 87, 0.8x Avon Lake.
Lakewood, OH has a cost of living index of 95, 0.9x Avon Lake.
Strongsville, OH has a cost of living index of 99, 0.9x Avon Lake.
| City | Population | Cost Of Living | Vs. Avon Lake |
|---|---|---|---|
| Lorain, OH | 65,051 | 87 | 0.8x |
| Lakewood, OH | 50,841 | 95 | 0.9x |
| Strongsville, OH | 46,187 | 99 | 0.9x |
| North Ridgeville, OH | 34,883 | 101 | 0.9x |
| Westlake, OH | 34,049 | 109 | 1.0x |
| North Olmsted, OH | 32,371 | 96 | 0.9x |
| North Royalton, OH | 31,150 | 101 | 0.9x |
| Avon, OH | 24,542 | 113 | 1.0x |
| Rocky River, OH | 21,515 | 102 | 0.9x |
| Fairview Park, OH | 17,167 | 96 | 0.9x |
