According to the most recent data on the cost of living, North Madison has an overall cost of living index of 94 which is 0.9x lower than the national index of 100.
Compared to only Ohio, North Madison has a cost of living index that's 1.0x higher than Ohio's index of 90.
The standard of living in North Madison ranks as #2,290 most affordable out of the 6,418 places we measured in Ohio. By definition, that implies North Madison ranks as the #4,129 most expensive place in the Buckeye State.
Living Expense | North Madison | Ohio | National Average | |
---|---|---|---|---|
Overall | 94 | 90 | 100 | |
Services | 103 | 100 | 100 | |
Groceries | 105 | 99 | 100 | |
Health | 111 | 100 | 100 | |
Housing | 70 | 74 | 100 | |
Transportation | 100 | 102 | 100 | |
Utilities | 96 | 93 | 100 |
Housing swings affordability the most between places in Ohio, so we broke down the statistics around housing costs into more detail. It's also important to consider median household incomes to make apples-to-apples comparisons across locations.
Home and income come data comes from the most recent US Census ACS 2014-2018.
Statistic | North Madison | Ohio | United States |
---|---|---|---|
Median Home Value | $119,800 | $151,400 | $229,800 |
Median Rent | $965 | $825 | $1,096 |
Median Income | $54,105 | $58,116 | $64,994 |
Home Value To Income | 2.2x | 2.6x | 3.5x |
Rent To Monthly Income | 0.21x | 0.17x | 0.2x |
Item | North Madison | Ohio |
---|---|---|
Shampoo | $1.08 | $1.06 |
Movie | $11.87 | $10.68 |
Bowling | $16.87 | $14.67 |
Item | North Madison | Ohio |
---|---|---|
Ground Beef | $5.31 | $4.22 |
Fried Chicken | $1.83 | $1.39 |
Milk | $1.55 | $2.05 |
Item | North Madison | Ohio |
---|---|---|
Haircut | $18.34 | $18.62 |
Beauty Salon | $31.4 | $39.05 |
Toothpaste | $2.65 | $2.34 |
Item | North Madison | Ohio |
---|---|---|
Potatoes | $3.19 | $3.29 |
Pizza | $11.49 | $10.62 |
Beer | $9.17 | $9.38 |
Optometrist | $86.0 | $108.57 |
Doctor | $121.47 | $116.17 |
Dentist | $119.67 | $99.13 |
Item | North Madison | Ohio |
---|---|---|
Gasoline | $2.25 | $2.22 |
Tire Balancing | $47.56 | $50.07 |
All Electricity | $154.37 | $167.67 |
Phone | $180.6 | $175.64 |
City | Population | Cost Of Living | Vs. North Madison |
---|---|---|---|
Mentor, OH | 47,075 | 98 | 1.0x |
Painesville, OH | 19,817 | 91 | 1.0x |
Ashtabula, OH | 18,067 | 86 | 0.9x |
Mentor-on-the-Lake, OH | 7,391 | 94 | 1.0x |
Geneva, OH | 5,947 | 88 | 0.9x |
Chardon, OH | 5,168 | 97 | 1.0x |