Cost of living in Loveland 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 Loveland 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 Loveland is 107, with 100 being the average.
The cost of living index in Loveland is 1.1x higher than the national average.
Loveland ranks as the #252 cheapest in Ohio out of 289.
Loveland ranks as the #3,374 cheapest out of 6,489 in the US.
The median home value in Loveland is $439,530.
The median income in Loveland is $86,793.
According to the most recent data on the cost of living, Loveland has an overall cost of living index of 107, which is 1.1x higher than the national index of 100.
Compared to Ohio, Loveland has a cost of living index that's 1.2x higher than Ohio's index of 93.
The standard of living in Loveland ranks as #252 most affordable out of the 289 places we measured in Ohio. By definition, that implies Loveland ranks as the #37 most expensive place in the Buckeye State.
For more reading on life in Loveland, check out:
Six factors go into calculating the cost of living index in Loveland. Here is how it fairs on each of the criteria:
The Services index in Loveland is 103.
The Groceries index in Loveland is 102.
The Health index in Loveland is 104.
The Housing index in Loveland is 118.
The Transportation index in Loveland is 100.
The Utilities index in Loveland is 98.
| Living Expense | Loveland | Ohio | National Average | |
|---|---|---|---|---|
| Overall | 107 | 93 | 100 | |
| Services | 103 | 101 | 100 | |
| Groceries | 102 | 103 | 100 | |
| Health | 104 | 97 | 100 | |
| Housing | 118 | 74 | 100 | |
| Transportation | 100 | 102 | 100 | |
| Utilities | 98 | 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 Loveland is $439,530.
The Median Rent in Loveland is $1,170.
The Median Income in Loveland is $86,793.
The Home Value To Income in Loveland is 5.1x.
The Rent To Monthly Income in Loveland is 0.16x.
The cost of living varies in the cities and towns around Loveland. Here's a quick look at the cost of living in the most populous nearby places:
Mason, OH has a cost of living index of 121, 1.1x Loveland.
Blue Ash, OH has a cost of living index of 115, 1.1x Loveland.
Monfort Heights, OH has a cost of living index of 97, 0.9x Loveland.
| City | Population | Cost Of Living | Vs. Loveland |
|---|---|---|---|
| Mason, OH | 35,148 | 121 | 1.1x |
| Blue Ash, OH | 13,374 | 115 | 1.1x |
| Monfort Heights, OH | 12,203 | 97 | 0.9x |
| Forestville, OH | 11,213 | 107 | 1.0x |
| Montgomery, OH | 10,816 | 128 | 1.2x |
| Madeira, OH | 9,454 | 118 | 1.1x |
| Wyoming, OH | 8,712 | 121 | 1.1x |
| Kenwood, OH | 8,484 | 114 | 1.1x |
| Landen, OH | 8,041 | 107 | 1.0x |
| Dry Run, OH | 7,765 | 119 | 1.1x |