Olmsted Falls, OH Cost Of Living

Demographics | Crime | Cost Of Living
Updated: 2022-04-08
94
Olmsted Falls's Overall Cost Of Living
0.9x
Lower Than The National Average
188 out of 286
In Ohio
2,290 out of 6,412
In America
The cost of living index is set to 100 for the average place in America. An index above 100 means Olmsted Falls is expensive, while a number below 100 means it's a relatively cheap place to live.

What is the cost of living in Olmsted Falls, OH?

According to the most recent data on the cost of living, Olmsted Falls has an overall cost of living index of 94 which is 0.9x lower than the national index of 100.

Compared to only Ohio, Olmsted Falls has a cost of living index that's 1.0x higher than Ohio's index of 90.

The standard of living in Olmsted Falls ranks as #2,290 most affordable out of the 6,418 places we measured in Ohio. By definition, that implies Olmsted Falls ranks as the #4,129 most expensive place in the Buckeye State.

For more reading on life in Olmsted Falls, check out:

Olmsted Falls Cost Of Living Vs. Ohio

Living Expense Olmsted Falls Ohio National Average
Overall 94 90 100
Services 99 100 100
Groceries 103 99 100
Health 111 100 100
Housing 82 74 100
Transportation 99 102 100
Utilities 97 93 100
For more reading on cost of living around Ohio, check out:
Olmsted Falls Cost of Living Vs. OH

Olmsted Falls, OH Housing Cost Breakdown

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.

$162,500
Median Home Value
$887
Median Rent
$80,538
Median Income
Statistic Olmsted Falls Ohio United States
Median Home Value $162,500 $151,400 $229,800
Median Rent $887 $825 $1,096
Median Income $80,538 $58,116 $64,994
Home Value To Income 2.0x 2.6x 3.5x
Rent To Monthly Income 0.13x 0.17x 0.2x

Detailed Olmsted Falls Services Costs Vs. Ohio

Item Olmsted Falls Ohio
Shampoo $1.08 $1.06
Movie $11.87 $10.68
Bowling $16.87 $14.67

Detailed Olmsted Falls Groceries Costs Vs. Ohio

Item Olmsted Falls Ohio
Ground Beef $5.31 $4.22
Fried Chicken $1.83 $1.39
Milk $1.55 $2.05

Detailed Olmsted Falls Health Costs Vs. Ohio

Item Olmsted Falls Ohio
Haircut $18.34 $18.62
Beauty Salon $31.4 $39.05
Toothpaste $2.65 $2.34

Detailed Olmsted Falls Transportation Costs Vs. Ohio

Item Olmsted Falls 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

Detailed Olmsted Falls Utilities Costs Vs. Ohio

Item Olmsted Falls Ohio
Gasoline $2.25 $2.22
Tire Balancing $47.56 $50.07
All Electricity $154.37 $167.67
Phone $180.6 $175.64

Olmsted Falls SnackAbility

6
/10
Overall SnackAbility
Jobs
8.5/10
Housing
7
Affordability
9
Diversity
5
Safety
N/A
Amenities
8.5
Education
9
Commute
6

Cost Of Living In Cities Around Olmsted Falls

City Population Cost Of Living Vs. Olmsted Falls
Strongsville, OH 44,675 99 1.1x
North Ridgeville, OH 33,961 101 1.1x
Westlake, OH 32,154 109 1.2x
North Olmsted, OH 31,562 96 1.0x
North Royalton, OH 30,179 101 1.1x
Shaker Heights, OH 27,148 103 1.1x
Avon Lake, OH 24,309 108 1.1x
Rocky River, OH 20,115 102 1.1x
Parma Heights, OH 19,916 88 0.9x
Broadview Heights, OH 19,195 104 1.1x

Articles About Ohio

Enjoy The Snack?