Madeira, OH Cost Of Living
Cost Of Living In Madeira, OH Summary
Cost of living in Madeira 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 Madeira 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 Madeira is 118, with 100 being the average.
The cost of living index in Madeira is 1.2x higher than the national average.
Madeira ranks as the #272 cheapest in Ohio out of 289.
Madeira ranks as the #4,280 cheapest out of 6,489 in the US.
The median home value in Madeira is $521,826.
The median income in Madeira is $168,981.
Table Of Contents
Madeira's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Madeira, OH?
According to the most recent data on the cost of living, Madeira has an overall cost of living index of 118, which is 1.2x higher than the national index of 100.
Compared to Ohio, Madeira has a cost of living index that's 1.3x higher than Ohio's index of 93.
The standard of living in Madeira ranks as #272 most affordable out of the 289 places we measured in Ohio. By definition, that implies Madeira ranks as the #17 most expensive place in the Buckeye State.
For more reading on life in Madeira, check out:
In Ohio
In America
Madeira Cost Of Living Vs. Ohio
Six factors go into calculating the cost of living index in Madeira. Here is how it fairs on each of the criteria:
The Services index in Madeira is 100.
The Groceries index in Madeira is 102.
The Health index in Madeira is 105.
The Housing index in Madeira is 164.
The Transportation index in Madeira is 103.
The Utilities index in Madeira is 100.
| Living Expense | Madeira | Ohio | National Average | |
|---|---|---|---|---|
| Overall | 118 | 93 | 100 | |
| Services | 100 | 101 | 100 | |
| Groceries | 102 | 103 | 100 | |
| Health | 105 | 97 | 100 | |
| Housing | 164 | 74 | 100 | |
| Transportation | 103 | 102 | 100 | |
| Utilities | 100 | 100 | 100 | |
Madeira, 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 Madeira is $521,826.
The Median Rent in Madeira is $2,031.
The Median Income in Madeira is $168,981.
The Home Value To Income in Madeira is 3.1x.
The Rent To Monthly Income in Madeira is 0.14x.
Median Home Value
Median Rent
Median Income
Madeira, OH Costs By Category
Detailed Madeira Services Costs Vs. Ohio
Detailed Madeira Groceries Costs Vs. Ohio
Detailed Madeira Health Costs Vs. Ohio
Detailed Madeira Transportation Costs Vs. Ohio
Detailed Madeira Utilities Costs Vs. Ohio
Madeira SnackAbility
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Cost Of Living In Cities Around Madeira
The cost of living varies in the cities and towns around Madeira. 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, 1.0x Madeira.
Monfort Heights, OH has a cost of living index of 97, 0.8x Madeira.
Mack, OH has a cost of living index of 109, 0.9x Madeira.
| City | Population | Cost Of Living | Vs. Madeira |
|---|---|---|---|
| Mason, OH | 35,148 | 121 | 1.0x |
| Monfort Heights, OH | 12,203 | 97 | 0.8x |
| Mack, OH | 11,444 | 109 | 0.9x |
| Forestville, OH | 11,213 | 107 | 0.9x |
| Montgomery, OH | 10,816 | 128 | 1.1x |
| Wyoming, OH | 8,712 | 121 | 1.0x |
| Kenwood, OH | 8,484 | 114 | 1.0x |
| Dry Run, OH | 7,765 | 119 | 1.0x |
| Covedale, OH | 6,306 | 96 | 0.8x |
| Deer Park, OH | 5,380 | 94 | 0.8x |
