Cost of living in Lyndhurst 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 Lyndhurst 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 Lyndhurst is 95, with 100 being the average.
The cost of living index in Lyndhurst is 0.9x lower than the national average.
Lyndhurst ranks as the #200 cheapest in Ohio out of 286.
Lyndhurst ranks as the #2,449 cheapest out of 6,412 in the US.
The median home value in Lyndhurst is $154,400.
The median income in Lyndhurst is $79,120.
According to the most recent data on the cost of living, Lyndhurst has an overall cost of living index of 95, which is 0.9x lower than the national index of 100.
Compared to Ohio, Lyndhurst has a cost of living index that's 1.0x higher than Ohio's index of 91.
The standard of living in Lyndhurst ranks as #200 most affordable out of the 286 places we measured in Ohio. By definition, that implies Lyndhurst ranks as the #86 most expensive place in the Buckeye State.
For more reading on life in Lyndhurst, check out:
Six factors go into calculating the cost of living index in Lyndhurst. Here is how it fairs on each of the criteria:
The Services index in Lyndhurst is 103.
The Groceries index in Lyndhurst is 106.
The Health index in Lyndhurst is 111.
The Housing index in Lyndhurst is 89.
The Transportation index in Lyndhurst is 101.
The Utilities index in Lyndhurst is 93.
|Living Expense||Lyndhurst||Ohio||National Average|
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 Lyndhurst is $154,400.
The Median Rent in Lyndhurst is $1,272.
The Median Income in Lyndhurst is $79,120.
The Home Value To Income in Lyndhurst is 2.0x.
The Rent To Monthly Income in Lyndhurst is 0.19x.
|Median Home Value||$154,400||$159,900||$244,900|
|Home Value To Income||2.0x||2.6x||3.5x|
|Rent To Monthly Income||0.19x||0.17x||0.2x|
The cost of living varies in the cities and towns around Lyndhurst. Here's a quick look at the cost of living in the most populous nearby places:
Cleveland Heights, OH has a cost of living index of 92, 1.0x Lyndhurst.
Shaker Heights, OH has a cost of living index of 103, 1.1x Lyndhurst.
Solon, OH has a cost of living index of 114, 1.2x Lyndhurst.
|City||Population||Cost Of Living||Vs. Lyndhurst|
|Cleveland Heights, OH||45,267||92||1.0x|
|Shaker Heights, OH||29,197||103||1.1x|
|South Euclid, OH||21,882||92||1.0x|
|Rocky River, OH||21,515||102||1.1x|
|Mayfield Heights, OH||20,113||95||1.0x|
|Broadview Heights, OH||19,820||104||1.1x|
|University Heights, OH||13,950||96||1.0x|