Elyria, OH Cost Of Living
Cost Of Living In Elyria, OH Summary
Cost of living in Elyria 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 Elyria 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 Elyria is 86, with 100 being the average.
The cost of living index in Elyria is 0.9x lower than the national average.
Elyria ranks as the #69 cheapest in Ohio out of 286.
Elyria ranks as the #938 cheapest out of 6,412 in the US.
The median home value in Elyria is $112,200.
The median income in Elyria is $46,034.
Table Of Contents
Elyria's Overall Cost Of Living
Lower Than The National Average
What is the cost of living in Elyria, OH?
According to the most recent data on the cost of living, Elyria has an overall cost of living index of 86, which is 0.9x lower than the national index of 100.
Compared to Ohio, Elyria has a cost of living index that's 0.9x lower than Ohio's index of 91.
The standard of living in Elyria ranks as #69 most affordable out of the 286 places we measured in Ohio. By definition, that implies Elyria ranks as the #217 most expensive place in the Buckeye State.
For more reading on life in Elyria, check out:
- Living In Elyria
- Elyria Crime Report
- Search Homes For Sale In Elyria, OH
In Ohio
In America
Elyria Cost Of Living Vs. Ohio
Six factors go into calculating the cost of living index in Elyria. Here is how it fairs on each of the criteria:
The Services index in Elyria is 99.
The Groceries index in Elyria is 103.
The Health index in Elyria is 110.
The Housing index in Elyria is 60.
The Transportation index in Elyria is 98.
The Utilities index in Elyria is 94.
| Living Expense | Elyria | Ohio | National Average | |
|---|---|---|---|---|
| Overall | 86 | 91 | 100 | |
| Services | 99 | 98 | 100 | |
| Groceries | 103 | 101 | 100 | |
| Health | 110 | 95 | 100 | |
| Housing | 60 | 73 | 100 | |
| Transportation | 98 | 98 | 100 | |
| Utilities | 94 | 93 | 100 | |
Elyria, 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 Elyria is $112,200.
The Median Rent in Elyria is $772.
The Median Income in Elyria is $46,034.
The Home Value To Income in Elyria is 2.4x.
The Rent To Monthly Income in Elyria is 0.2x.
| Statistic | Elyria | Ohio | United States |
|---|---|---|---|
| Median Home Value | $112,200 | $159,900 | $244,900 |
| Median Rent | $772 | $870 | $1,163 |
| Median Income | $46,034 | $61,938 | $69,021 |
| Home Value To Income | 2.4x | 2.6x | 3.5x |
| Rent To Monthly Income | 0.2x | 0.17x | 0.2x |
Median Home Value
Median Rent
Median Income
Elyria, OH Costs By Category
Detailed Elyria Services Costs Vs. Ohio
Detailed Elyria Groceries Costs Vs. Ohio
Detailed Elyria Health Costs Vs. Ohio
Detailed Elyria Transportation Costs Vs. Ohio
Detailed Elyria Utilities Costs Vs. Ohio
Elyria SnackAbility
/10
Cost Of Living In Cities Around Elyria
The cost of living varies in the cities and towns around Elyria. 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, 1.0x Elyria.
Lakewood, OH has a cost of living index of 95, 1.1x Elyria.
Strongsville, OH has a cost of living index of 99, 1.2x Elyria.
| City | Population | Cost Of Living | Vs. Elyria |
|---|---|---|---|
| Lorain, OH | 65,051 | 87 | 1.0x |
| Lakewood, OH | 50,841 | 95 | 1.1x |
| Strongsville, OH | 46,187 | 99 | 1.2x |
| North Ridgeville, OH | 34,883 | 101 | 1.2x |
| Westlake, OH | 34,049 | 109 | 1.3x |
| North Olmsted, OH | 32,371 | 96 | 1.1x |
| North Royalton, OH | 31,150 | 101 | 1.2x |
| Avon Lake, OH | 25,005 | 108 | 1.3x |
| Avon, OH | 24,542 | 113 | 1.3x |
| Rocky River, OH | 21,515 | 102 | 1.2x |
