Mentor, OH Cost Of Living
Cost Of Living In Mentor, OH Summary
Cost of living in Mentor 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 Mentor 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 Mentor is 98, with 100 being the average.
The cost of living index in Mentor is 1.0x lower than the national average.
Mentor ranks as the #210 cheapest in Ohio out of 289.
Mentor ranks as the #2,372 cheapest out of 6,489 in the US.
The median home value in Mentor is $268,907.
The median income in Mentor is $89,202.
Table Of Contents
Mentor's Overall Cost Of Living
Lower Than The National Average
What is the cost of living in Mentor, OH?
According to the most recent data on the cost of living, Mentor has an overall cost of living index of 98, which is 1.0x lower than the national index of 100.
Compared to Ohio, Mentor has a cost of living index that's 1.1x higher than Ohio's index of 93.
The standard of living in Mentor ranks as #210 most affordable out of the 289 places we measured in Ohio. By definition, that implies Mentor ranks as the #79 most expensive place in the Buckeye State.
For more reading on life in Mentor, check out:
In Ohio
In America
Mentor Cost Of Living Vs. Ohio
Six factors go into calculating the cost of living index in Mentor. Here is how it fairs on each of the criteria:
The Services index in Mentor is 93.
The Groceries index in Mentor is 101.
The Health index in Mentor is 93.
The Housing index in Mentor is 98.
The Transportation index in Mentor is 97.
The Utilities index in Mentor is 105.
| Living Expense | Mentor | Ohio | National Average | |
|---|---|---|---|---|
| Overall | 98 | 93 | 100 | |
| Services | 93 | 101 | 100 | |
| Groceries | 101 | 103 | 100 | |
| Health | 93 | 97 | 100 | |
| Housing | 98 | 74 | 100 | |
| Transportation | 97 | 102 | 100 | |
| Utilities | 105 | 100 | 100 | |
Mentor, 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 Mentor is $268,907.
The Median Rent in Mentor is $1,192.
The Median Income in Mentor is $89,202.
The Home Value To Income in Mentor is 3.0x.
The Rent To Monthly Income in Mentor is 0.16x.
Median Home Value
Median Rent
Median Income
Mentor, OH Costs By Category
Detailed Mentor Services Costs Vs. Ohio
Detailed Mentor Groceries Costs Vs. Ohio
Detailed Mentor Health Costs Vs. Ohio
Detailed Mentor Transportation Costs Vs. Ohio
Detailed Mentor Utilities Costs Vs. Ohio
Mentor SnackAbility
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Cost Of Living In Cities Around Mentor
The cost of living varies in the cities and towns around Mentor. 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, 0.9x Mentor.
Shaker Heights, OH has a cost of living index of 106, 1.1x Mentor.
Willoughby, OH has a cost of living index of 95, 1.0x Mentor.
| City | Population | Cost Of Living | Vs. Mentor |
|---|---|---|---|
| Cleveland Heights, OH | 44,694 | 92 | 0.9x |
| Shaker Heights, OH | 29,004 | 106 | 1.1x |
| Willoughby, OH | 23,934 | 95 | 1.0x |
| South Euclid, OH | 21,606 | 91 | 0.9x |
| Painesville, OH | 20,453 | 90 | 0.9x |
| Mayfield Heights, OH | 20,082 | 92 | 0.9x |
| Eastlake, OH | 17,538 | 89 | 0.9x |
| Lyndhurst, OH | 13,854 | 95 | 1.0x |
| Beachwood, OH | 13,850 | 117 | 1.2x |
| University Heights, OH | 13,508 | 99 | 1.0x |
