Fairview Park, OH Cost Of Living
Cost Of Living In Fairview Park, OH Summary
Cost of living in Fairview Park 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 Fairview Park 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 Fairview Park is 93, with 100 being the average.
The cost of living index in Fairview Park is 0.9x lower than the national average.
Fairview Park ranks as the #141 cheapest in Ohio out of 289.
Fairview Park ranks as the #1,658 cheapest out of 6,489 in the US.
The median home value in Fairview Park is $275,255.
The median income in Fairview Park is $77,688.
Table Of Contents
Fairview Park's Overall Cost Of Living
Lower Than The National Average
What is the cost of living in Fairview Park, OH?
According to the most recent data on the cost of living, Fairview Park has an overall cost of living index of 93, which is 0.9x lower than the national index of 100.
Compared to Ohio, Fairview Park has a cost of living index that's 1.0x lower than Ohio's index of 93.
The standard of living in Fairview Park ranks as #141 most affordable out of the 289 places we measured in Ohio. By definition, that implies Fairview Park ranks as the #148 most expensive place in the Buckeye State.
For more reading on life in Fairview Park, check out:
In Ohio
In America
Fairview Park Cost Of Living Vs. Ohio
Six factors go into calculating the cost of living index in Fairview Park. Here is how it fairs on each of the criteria:
The Services index in Fairview Park is 93.
The Groceries index in Fairview Park is 99.
The Health index in Fairview Park is 94.
The Housing index in Fairview Park is 93.
The Transportation index in Fairview Park is 98.
The Utilities index in Fairview Park is 105.
| Living Expense | Fairview Park | Ohio | National Average | |
|---|---|---|---|---|
| Overall | 93 | 93 | 100 | |
| Services | 93 | 101 | 100 | |
| Groceries | 99 | 103 | 100 | |
| Health | 94 | 97 | 100 | |
| Housing | 93 | 74 | 100 | |
| Transportation | 98 | 102 | 100 | |
| Utilities | 105 | 100 | 100 | |
Fairview Park, 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 2019-2023. The key points are:
The Median Home Value in Fairview Park is $275,255.
The Median Rent in Fairview Park is $962.
The Median Income in Fairview Park is $77,688.
The Home Value To Income in Fairview Park is 3.5x.
The Rent To Monthly Income in Fairview Park is 0.15x.
| Statistic | Fairview Park | Ohio | United States |
|---|---|---|---|
| Median Home Value | $275,255 | $240,287 | $303,400 |
| Median Rent | $962 | $988 | $1,348 |
| Median Income | $77,688 | $69,680 | $78,538 |
| Home Value To Income | 3.5x | 3.4x | 3.9x |
| Rent To Monthly Income | 0.15x | 0.17x | 0.21x |
Median Home Value
Median Rent
Median Income
Fairview Park, OH Costs By Category
Detailed Fairview Park Services Costs Vs. Ohio
| Item | Fairview Park | Ohio |
|---|---|---|
| Shampoo | $1.45 | $1.28 |
| Movie | $11.6 | $12.13 |
| Bowling | $18.27 | $18 |
| Haircut | $23.67 | $24.26 |
| Beauty Salon | $35.31 | $45.56 |
Detailed Fairview Park Groceries Costs Vs. Ohio
| Item | Fairview Park | Ohio |
|---|---|---|
| Ground Beef | $5.46 | $5.84 |
| Fried Chicken | $1.39 | $1.57 |
| Milk | $4.57 | $4.67 |
| Potatoes | $5.38 | $4.93 |
| Pizza | $9.98 | $12.09 |
| Beer | $10.51 | $10.41 |
| Toothpaste | $3.68 | $3.7 |
Detailed Fairview Park Health Costs Vs. Ohio
| Item | Fairview Park | Ohio |
|---|---|---|
| Optometrist | $103.58 | $125.68 |
| Doctor | $119.67 | $135.78 |
| Dentist | $109.73 | $113.29 |
Detailed Fairview Park Transportation Costs Vs. Ohio
| Item | Fairview Park | Ohio |
|---|---|---|
| Gasoline | $3.41 | $3.46 |
| Tire Balancing | $57.76 | $59.92 |
Detailed Fairview Park Utilities Costs Vs. Ohio
| Item | Fairview Park | Ohio |
|---|---|---|
| All Electricity | $205.88 | $193.99 |
| Phone | $186.78 | $192.25 |
Fairview Park SnackAbility
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Cost Of Living In Cities Around Fairview Park
The cost of living varies in the cities and towns around Fairview Park. Here's a quick look at the cost of living in the most populous nearby places:
Lakewood, OH has a cost of living index of 94, 1.0x Fairview Park.
Strongsville, OH has a cost of living index of 100, 1.1x Fairview Park.
North Ridgeville, OH has a cost of living index of 100, 1.1x Fairview Park.
| City | Population | Cost Of Living | Vs. Fairview Park |
|---|---|---|---|
| Lakewood, OH | 50,229 | 94 | 1.0x |
| Strongsville, OH | 46,022 | 100 | 1.1x |
| North Ridgeville, OH | 36,043 | 100 | 1.1x |
| Westlake, OH | 34,036 | 110 | 1.2x |
| North Olmsted, OH | 32,031 | 96 | 1.0x |
| Shaker Heights, OH | 29,004 | 106 | 1.1x |
| Avon Lake, OH | 25,456 | 108 | 1.2x |
| Rocky River, OH | 21,490 | 106 | 1.1x |
| Broadview Heights, OH | 19,768 | 104 | 1.1x |
| Brook Park, OH | 18,359 | 89 | 1.0x |
