North Olmsted, OH Cost Of Living
Cost Of Living In North Olmsted, OH Summary
Cost of living in North Olmsted 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 North Olmsted 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 North Olmsted is 96, with 100 being the average.
The cost of living index in North Olmsted is 1.0x lower than the national average.
North Olmsted ranks as the #191 cheapest in Ohio out of 289.
North Olmsted ranks as the #2,104 cheapest out of 6,489 in the US.
The median home value in North Olmsted is $267,511.
The median income in North Olmsted is $85,435.
Table Of Contents
North Olmsted's Overall Cost Of Living
Lower Than The National Average
What is the cost of living in North Olmsted, OH?
According to the most recent data on the cost of living, North Olmsted has an overall cost of living index of 96, which is 1.0x lower than the national index of 100.
Compared to Ohio, North Olmsted has a cost of living index that's 1.0x higher than Ohio's index of 93.
The standard of living in North Olmsted ranks as #191 most affordable out of the 289 places we measured in Ohio. By definition, that implies North Olmsted ranks as the #98 most expensive place in the Buckeye State.
For more reading on life in North Olmsted, check out:
In Ohio
In America
North Olmsted Cost Of Living Vs. Ohio
Six factors go into calculating the cost of living index in North Olmsted. Here is how it fairs on each of the criteria:
The Services index in North Olmsted is 93.
The Groceries index in North Olmsted is 100.
The Health index in North Olmsted is 96.
The Housing index in North Olmsted is 91.
The Transportation index in North Olmsted is 98.
The Utilities index in North Olmsted is 103.
| Living Expense | North Olmsted | Ohio | National Average | |
|---|---|---|---|---|
| Overall | 96 | 93 | 100 | |
| Services | 93 | 101 | 100 | |
| Groceries | 100 | 103 | 100 | |
| Health | 96 | 97 | 100 | |
| Housing | 91 | 74 | 100 | |
| Transportation | 98 | 102 | 100 | |
| Utilities | 103 | 100 | 100 | |
North Olmsted, 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 North Olmsted is $267,511.
The Median Rent in North Olmsted is $1,092.
The Median Income in North Olmsted is $85,435.
The Home Value To Income in North Olmsted is 3.1x.
The Rent To Monthly Income in North Olmsted is 0.15x.
| Statistic | North Olmsted | Ohio | United States |
|---|---|---|---|
| Median Home Value | $267,511 | $240,287 | $303,400 |
| Median Rent | $1,092 | $988 | $1,348 |
| Median Income | $85,435 | $69,680 | $78,538 |
| Home Value To Income | 3.1x | 3.4x | 3.9x |
| Rent To Monthly Income | 0.15x | 0.17x | 0.21x |
Median Home Value
Median Rent
Median Income
North Olmsted, OH Costs By Category
Detailed North Olmsted Services Costs Vs. Ohio
| Item | North Olmsted | 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 North Olmsted Groceries Costs Vs. Ohio
| Item | North Olmsted | 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 North Olmsted Health Costs Vs. Ohio
| Item | North Olmsted | Ohio |
|---|---|---|
| Optometrist | $103.58 | $125.68 |
| Doctor | $119.67 | $135.78 |
| Dentist | $109.73 | $113.29 |
Detailed North Olmsted Transportation Costs Vs. Ohio
| Item | North Olmsted | Ohio |
|---|---|---|
| Gasoline | $3.41 | $3.46 |
| Tire Balancing | $57.76 | $59.92 |
Detailed North Olmsted Utilities Costs Vs. Ohio
| Item | North Olmsted | Ohio |
|---|---|---|
| All Electricity | $205.88 | $193.99 |
| Phone | $186.78 | $192.25 |
North Olmsted SnackAbility
/10
Cost Of Living In Cities Around North Olmsted
The cost of living varies in the cities and towns around North Olmsted. Here's a quick look at the cost of living in the most populous nearby places:
Strongsville, OH has a cost of living index of 100, 1.0x North Olmsted.
North Ridgeville, OH has a cost of living index of 100, 1.0x North Olmsted.
Westlake, OH has a cost of living index of 110, 1.1x North Olmsted.
| City | Population | Cost Of Living | Vs. North Olmsted |
|---|---|---|---|
| Strongsville, OH | 46,022 | 100 | 1.0x |
| North Ridgeville, OH | 36,043 | 100 | 1.0x |
| Westlake, OH | 34,036 | 110 | 1.1x |
| North Royalton, OH | 31,013 | 98 | 1.0x |
| Shaker Heights, OH | 29,004 | 106 | 1.1x |
| Avon Lake, OH | 25,456 | 108 | 1.1x |
| Avon, OH | 25,082 | 114 | 1.2x |
| Rocky River, OH | 21,490 | 106 | 1.1x |
| Broadview Heights, OH | 19,768 | 104 | 1.1x |
| Brook Park, OH | 18,359 | 89 | 0.9x |
