Cost of living in Cheviot 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 Cheviot 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 Cheviot is 91, with 100 being the average.
The cost of living index in Cheviot is 0.9x lower than the national average.
Cheviot ranks as the #109 cheapest in Ohio out of 289.
Cheviot ranks as the #1,347 cheapest out of 6,489 in the US.
The median home value in Cheviot is $179,256.
The median income in Cheviot is $54,654.
According to the most recent data on the cost of living, Cheviot has an overall cost of living index of 91, which is 0.9x lower than the national index of 100.
Compared to Ohio, Cheviot has a cost of living index that's 1.0x lower than Ohio's index of 93.
The standard of living in Cheviot ranks as #109 most affordable out of the 289 places we measured in Ohio. By definition, that implies Cheviot ranks as the #180 most expensive place in the Buckeye State.
For more reading on life in Cheviot, check out:
Six factors go into calculating the cost of living index in Cheviot. Here is how it fairs on each of the criteria:
The Services index in Cheviot is 101.
The Groceries index in Cheviot is 100.
The Health index in Cheviot is 101.
The Housing index in Cheviot is 59.
The Transportation index in Cheviot is 104.
The Utilities index in Cheviot is 102.
| Living Expense | Cheviot | Ohio | National Average | |
|---|---|---|---|---|
| Overall | 91 | 93 | 100 | |
| Services | 101 | 101 | 100 | |
| Groceries | 100 | 103 | 100 | |
| Health | 101 | 97 | 100 | |
| Housing | 59 | 74 | 100 | |
| Transportation | 104 | 102 | 100 | |
| Utilities | 102 | 100 | 100 | |
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 2019-2023. The key points are:
The Median Home Value in Cheviot is $179,256.
The Median Rent in Cheviot is $878.
The Median Income in Cheviot is $54,654.
The Home Value To Income in Cheviot is 3.3x.
The Rent To Monthly Income in Cheviot is 0.19x.
The cost of living varies in the cities and towns around Cheviot. Here's a quick look at the cost of living in the most populous nearby places:
White Oak, OH has a cost of living index of 95, 1.0x Cheviot.
Bridgetown, OH has a cost of living index of 96, 1.1x Cheviot.
Monfort Heights, OH has a cost of living index of 97, 1.1x Cheviot.
| City | Population | Cost Of Living | Vs. Cheviot |
|---|---|---|---|
| White Oak, OH | 18,845 | 95 | 1.0x |
| Bridgetown, OH | 13,830 | 96 | 1.1x |
| Monfort Heights, OH | 12,203 | 97 | 1.1x |
| Dent, OH | 12,097 | 106 | 1.2x |
| Mack, OH | 11,444 | 109 | 1.2x |
| Forestville, OH | 11,213 | 107 | 1.2x |
| Montgomery, OH | 10,816 | 128 | 1.4x |
| North College Hill, OH | 9,564 | 91 | 1.0x |
| Madeira, OH | 9,454 | 118 | 1.3x |
| Wyoming, OH | 8,712 | 121 | 1.3x |