Hamilton, OH Cost Of Living

Demographics | Crime | Cost Of Living
Updated: 2023-11-15

Cost Of Living In Hamilton, OH Summary

Cost of living in Hamilton 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 Hamilton 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 Hamilton is 85, with 100 being the average.

  • The cost of living index in Hamilton is 0.8x lower than the national average.

  • Hamilton ranks as the #53 cheapest in Ohio out of 286.

  • Hamilton ranks as the #777 cheapest out of 6,412 in the US.

  • The median home value in Hamilton is $113,500.

  • The median income in Hamilton is $50,034.

Table Of Contents

  1. Summary
  2. National Comparison
  3. Housing Breakdown
  4. Detailed Pricing
  5. Nearby Comparisons
85
Hamilton's Overall Cost Of Living
0.8x
Lower Than The National Average

What is the cost of living in Hamilton, OH?

According to the most recent data on the cost of living, Hamilton has an overall cost of living index of 85, which is 0.8x lower than the national index of 100.

Compared to Ohio, Hamilton has a cost of living index that's 0.9x lower than Ohio's index of 91.

The standard of living in Hamilton ranks as #53 most affordable out of the 286 places we measured in Ohio. By definition, that implies Hamilton ranks as the #233 most expensive place in the Buckeye State.

For more reading on life in Hamilton, check out:

53 out of 286
In Ohio
777 out of 6,412
In America

Hamilton Cost Of Living Vs. Ohio

Six factors go into calculating the cost of living index in Hamilton. Here is how it fairs on each of the criteria:

  • The Services index in Hamilton is 98.

  • The Groceries index in Hamilton is 95.

  • The Health index in Hamilton is 99.

  • The Housing index in Hamilton is 63.

  • The Transportation index in Hamilton is 109.

  • The Utilities index in Hamilton is 89.

Living Expense Hamilton Ohio National Average
Overall 85 91 100
Services 98 98 100
Groceries 95 101 100
Health 99 95 100
Housing 63 73 100
Transportation 109 98 100
Utilities 89 93 100
For more reading on cost of living around Ohio, check out:
Hamilton Cost of Living Vs. OH

Hamilton, 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 Hamilton is $113,500.

  • The Median Rent in Hamilton is $869.

  • The Median Income in Hamilton is $50,034.

  • The Home Value To Income in Hamilton is 2.3x.

  • The Rent To Monthly Income in Hamilton is 0.21x.

Statistic Hamilton Ohio United States
Median Home Value $113,500 $159,900 $244,900
Median Rent $869 $870 $1,163
Median Income $50,034 $61,938 $69,021
Home Value To Income 2.3x 2.6x 3.5x
Rent To Monthly Income 0.21x 0.17x 0.2x
Search Homes For Sale In Hamilton, OH
$113,500
Median Home Value
$869
Median Rent
$50,034
Median Income

Hamilton, OH Costs By Category

Detailed Hamilton Services Costs Vs. Ohio

Item Hamilton Ohio
Shampoo $0.94 $1.06
Movie $11.77 $10.68
Bowling $13.55 $14.67
Haircut $19.48 $18.62
Beauty Salon $34.8 $39.05

Detailed Hamilton Groceries Costs Vs. Ohio

Item Hamilton Ohio
Ground Beef $3.71 $4.22
Fried Chicken $1.25 $1.39
Milk $1.42 $2.05
Potatoes $3.87 $3.29
Pizza $10.12 $10.62
Beer $8.93 $9.38
Toothpaste $2.0 $2.34

Detailed Hamilton Health Costs Vs. Ohio

Item Hamilton Ohio
Optometrist $96.61 $108.57
Doctor $109.23 $116.17
Dentist $105.08 $99.13

Detailed Hamilton Transportation Costs Vs. Ohio

Item Hamilton Ohio
Gasoline $2.29 $2.22
Tire Balancing $57.11 $50.07

Detailed Hamilton Utilities Costs Vs. Ohio

Item Hamilton Ohio
All Electricity $134.81 $167.67
Phone $179.1 $175.64

Hamilton SnackAbility

5
/10
Overall SnackAbility
Jobs
5/10
Housing
6
Affordability
8
Diversity
8
Safety
N/A
Amenities
9
Education
6
Commute
6

Cost Of Living In Cities Around Hamilton

The cost of living varies in the cities and towns around Hamilton. Here's a quick look at the cost of living in the most populous nearby places:

  • Fairfield, OH has a cost of living index of 95, 1.1x Hamilton.

  • Mason, OH has a cost of living index of 104, 1.2x Hamilton.

  • Forest Park, OH has a cost of living index of 89, 1.0x Hamilton.

City Population Cost Of Living Vs. Hamilton
Fairfield, OH 44,550 95 1.1x
Mason, OH 34,337 104 1.2x
Forest Park, OH 19,940 89 1.0x
Blue Ash, OH 13,229 103 1.2x
Monfort Heights, OH 13,221 98 1.2x
Mack, OH 11,452 104 1.2x
Montgomery, OH 10,796 115 1.4x
Beckett Ridge, OH 9,716 106 1.2x
Madeira, OH 9,397 110 1.3x
Wyoming, OH 8,691 112 1.3x

Articles About Ohio

Enjoy The Snack?