What is the cost of living in Mentor-on-the-Lake, OH?
According to the most recent data on the cost of living, Mentor-on-the-Lake has an overall cost of living index of 91, which is 0.9x lower than the national index of 100.
Compared to Ohio, Mentor-on-the-Lake has a cost of living index that's 1.0x higher than Ohio's index of 90.
The standard of living in Mentor-on-the-Lake ranks as #138 most affordable out of the 284 places we measured in Ohio. By definition, that implies Mentor-on-the-Lake ranks as the #146 most expensive place in the Buckeye State.
For more reading on life in Mentor-on-the-Lake, check out:
Mentor-on-the-Lake Cost Of Living Vs. Ohio
Six factors go into calculating the cost of living index in Mentor-on-the-Lake. Here is how it fares on each of the criteria:
The Services index in Mentor-on-the-Lake is 97.
The Groceries index in Mentor-on-the-Lake is 95.
The Health index in Mentor-on-the-Lake is 82.
The Housing index in Mentor-on-the-Lake is 94.
The Transportation index in Mentor-on-the-Lake is 94.
The Utilities index in Mentor-on-the-Lake is 91.
| Living Expense | Mentor-on-the-Lake | Ohio | National Average |
|---|---|---|---|
| Overall | 91 | 90 | 100 |
| Services | 97 | 97 | 100 |
| Groceries | 95 | 97 | 100 |
| Health | 82 | 75 | 100 |
| Housing | 94 | 97 | 100 |
| Transportation | 94 | 95 | 100 |
| Utilities | 91 | 97 | 100 |
Mentor-on-the-Lake Cost Of Living Compared To Ohio Averages
Index where 100 = national average. Source: cost-of-living index 2026.
For more reading on cost of living around Ohio, check out:
Protect your home budget Compare home warranties in Mentor-on-the-Lake Get matched →Source: Cost-of-living index 2026, normalized to US average = 100
Mentor-on-the-Lake, 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 2020-2024. The key points are:
The Median Home Value in Mentor-on-the-Lake is $212,493.
The Median Rent in Mentor-on-the-Lake is $1,062.
The Median Income in Mentor-on-the-Lake is $67,188.
The Home Value To Income in Mentor-on-the-Lake is 3.2x.
The Rent To Monthly Income in Mentor-on-the-Lake is 0.19x.
| Statistic | Mentor-on-the-Lake | Ohio | United States |
|---|---|---|---|
| Median Home Value | $212,493 | $242,141 | $332,700 |
| Median Rent | $1,062 | $1,034 | $1,413 |
| Median Income | $67,188 | $71,389 | $80,734 |
| Home Value To Income | 3.2x | 3.4x | 4.1x |
| Rent To Monthly Income | 0.19x | 0.17x | 0.21x |
Mentor-on-the-Lake, OH Costs By Category
Detailed Mentor-on-the-Lake Services costs vs. Ohio
| Item | Mentor-on-the-Lake | Ohio |
|---|---|---|
| Shampoo | $1.45 | $1.28 |
| Movie | $11.6 | $12.13 |
| Bowling | $18.27 | $18 |
| Haircut | $23.67 | $24.26 |
| Beauty Salon | $35.31 | $45.56 |
Detailed Mentor-on-the-Lake Groceries costs vs. Ohio
| Item | Mentor-on-the-Lake | Ohio |
|---|---|---|
| Ground Beef | $5.46 | $5.84 |
| Fried Chicken | $1.39 | $1.57 |
| Milk | $4.57 | $4.67 |
| Potatoes | $5.38 | $4.93 |
| Pizza | $9.98 | $12.09 |
| Beer | $10.51 | $10.41 |
| Toothpaste | $3.68 | $3.7 |
Detailed Mentor-on-the-Lake Health costs vs. Ohio
| Item | Mentor-on-the-Lake | Ohio |
|---|---|---|
| Optometrist | $103.58 | $125.68 |
| Doctor | $119.67 | $135.78 |
| Dentist | $109.73 | $113.29 |
Detailed Mentor-on-the-Lake Transportation costs vs. Ohio
| Item | Mentor-on-the-Lake | Ohio |
|---|---|---|
| Gasoline | $3.41 | $3.46 |
| Tire Balancing | $57.76 | $59.92 |
Detailed Mentor-on-the-Lake Utilities costs vs. Ohio
| Item | Mentor-on-the-Lake | Ohio |
|---|---|---|
| All Electricity | $205.88 | $193.99 |
| Phone | $186.78 | $192.25 |
Mentor-On-The-Lake SnackAbility
Cost Of Living In Cities Around Mentor-on-the-Lake
The cost of living varies in the cities and towns around Mentor-on-the-Lake. Here's a quick look at the cost of living in the most populous nearby places:
Mentor, OH has a cost of living index of 99, 1.1x Mentor-on-the-Lake.
Cleveland Heights, OH has a cost of living index of 90, 1.0x Mentor-on-the-Lake.
Shaker Heights, OH has a cost of living index of 103, 1.1x Mentor-on-the-Lake.
| City | Population | Cost Of Living | Vs. Mentor-on-the-Lake |
|---|---|---|---|
| Mentor, OH | 47,171 | 99 | 1.1x |
| Cleveland Heights, OH | 44,497 | 90 | 1.0x |
| Shaker Heights, OH | 28,922 | 103 | 1.1x |
| Willoughby, OH | 24,046 | 94 | 1.0x |
| Painesville, OH | 20,548 | 86 | 0.9x |
| Mayfield Heights, OH | 20,022 | 94 | 1.0x |
| Eastlake, OH | 17,493 | 91 | 1.0x |
| Beachwood, OH | 13,865 | 119 | 1.3x |
| Lyndhurst, OH | 13,801 | 98 | 1.1x |
| University Heights, OH | 13,394 | 99 | 1.1x |
