Cost of living in Kent 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 Kent 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 Kent is 93, with 100 being the average.
The cost of living index in Kent is 0.9x lower than the national average.
Kent ranks as the #141 cheapest in Ohio out of 289.
Kent ranks as the #1,658 cheapest out of 6,489 in the US.
The median home value in Kent is $241,647.
The median income in Kent is $42,524.
According to the most recent data on the cost of living, Kent has an overall cost of living index of 93, which is 0.9x lower than the national index of 100.
Compared to Ohio, Kent has a cost of living index that's 1.0x lower than Ohio's index of 93.
The standard of living in Kent ranks as #141 most affordable out of the 289 places we measured in Ohio. By definition, that implies Kent ranks as the #148 most expensive place in the Buckeye State.
For more reading on life in Kent, check out:
Six factors go into calculating the cost of living index in Kent. Here is how it fairs on each of the criteria:
The Services index in Kent is 91.
The Groceries index in Kent is 102.
The Health index in Kent is 96.
The Housing index in Kent is 81.
The Transportation index in Kent is 97.
The Utilities index in Kent is 101.
| Living Expense | Kent | Ohio | National Average | |
|---|---|---|---|---|
| Overall | 93 | 93 | 100 | |
| Services | 91 | 101 | 100 | |
| Groceries | 102 | 103 | 100 | |
| Health | 96 | 97 | 100 | |
| Housing | 81 | 74 | 100 | |
| Transportation | 97 | 102 | 100 | |
| Utilities | 101 | 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 Kent is $241,647.
The Median Rent in Kent is $983.
The Median Income in Kent is $42,524.
The Home Value To Income in Kent is 5.7x.
The Rent To Monthly Income in Kent is 0.28x.
The cost of living varies in the cities and towns around Kent. Here's a quick look at the cost of living in the most populous nearby places:
Stow, OH has a cost of living index of 99, 1.1x Kent.
Solon, OH has a cost of living index of 113, 1.2x Kent.
Hudson, OH has a cost of living index of 125, 1.3x Kent.
| City | Population | Cost Of Living | Vs. Kent |
|---|---|---|---|
| Stow, OH | 34,317 | 99 | 1.1x |
| Solon, OH | 23,970 | 113 | 1.2x |
| Hudson, OH | 23,007 | 125 | 1.3x |
| Twinsburg, OH | 19,346 | 104 | 1.1x |
| Tallmadge, OH | 18,394 | 96 | 1.0x |
| Streetsboro, OH | 17,514 | 92 | 1.0x |
| Aurora, OH | 17,386 | 113 | 1.2x |
| New Franklin, OH | 13,830 | 95 | 1.0x |
| Brecksville, OH | 13,656 | 116 | 1.2x |
| Macedonia, OH | 12,142 | 104 | 1.1x |