Painesville, OH Cost Of Living
Cost Of Living In Painesville, OH Summary
Cost of living in Painesville 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 Painesville 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 Painesville is 90, with 100 being the average.
The cost of living index in Painesville is 0.9x lower than the national average.
Painesville ranks as the #98 cheapest in Ohio out of 289.
Painesville ranks as the #1,206 cheapest out of 6,489 in the US.
The median home value in Painesville is $220,815.
The median income in Painesville is $50,455.
Table Of Contents
Painesville's Overall Cost Of Living
Lower Than The National Average
What is the cost of living in Painesville, OH?
According to the most recent data on the cost of living, Painesville has an overall cost of living index of 90, which is 0.9x lower than the national index of 100.
Compared to Ohio, Painesville has a cost of living index that's 1.0x lower than Ohio's index of 93.
The standard of living in Painesville ranks as #98 most affordable out of the 289 places we measured in Ohio. By definition, that implies Painesville ranks as the #191 most expensive place in the Buckeye State.
For more reading on life in Painesville, check out:
In Ohio
In America
Painesville Cost Of Living Vs. Ohio
Six factors go into calculating the cost of living index in Painesville. Here is how it fairs on each of the criteria:
The Services index in Painesville is 94.
The Groceries index in Painesville is 100.
The Health index in Painesville is 94.
The Housing index in Painesville is 68.
The Transportation index in Painesville is 96.
The Utilities index in Painesville is 102.
| Living Expense | Painesville | Ohio | National Average | |
|---|---|---|---|---|
| Overall | 90 | 93 | 100 | |
| Services | 94 | 101 | 100 | |
| Groceries | 100 | 103 | 100 | |
| Health | 94 | 97 | 100 | |
| Housing | 68 | 74 | 100 | |
| Transportation | 96 | 102 | 100 | |
| Utilities | 102 | 100 | 100 | |
Painesville, 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 Painesville is $220,815.
The Median Rent in Painesville is $957.
The Median Income in Painesville is $50,455.
The Home Value To Income in Painesville is 4.4x.
The Rent To Monthly Income in Painesville is 0.23x.
| Statistic | Painesville | Ohio | United States |
|---|---|---|---|
| Median Home Value | $220,815 | $240,287 | $303,400 |
| Median Rent | $957 | $988 | $1,348 |
| Median Income | $50,455 | $69,680 | $78,538 |
| Home Value To Income | 4.4x | 3.4x | 3.9x |
| Rent To Monthly Income | 0.23x | 0.17x | 0.21x |
Median Home Value
Median Rent
Median Income
Painesville, OH Costs By Category
Detailed Painesville Services Costs Vs. Ohio
| Item | Painesville | 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 Painesville Groceries Costs Vs. Ohio
| Item | Painesville | 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 Painesville Health Costs Vs. Ohio
| Item | Painesville | Ohio |
|---|---|---|
| Optometrist | $103.58 | $125.68 |
| Doctor | $119.67 | $135.78 |
| Dentist | $109.73 | $113.29 |
Detailed Painesville Transportation Costs Vs. Ohio
| Item | Painesville | Ohio |
|---|---|---|
| Gasoline | $3.41 | $3.46 |
| Tire Balancing | $57.76 | $59.92 |
Detailed Painesville Utilities Costs Vs. Ohio
| Item | Painesville | Ohio |
|---|---|---|
| All Electricity | $205.88 | $193.99 |
| Phone | $186.78 | $192.25 |
Painesville SnackAbility
/10
Cost Of Living In Cities Around Painesville
The cost of living varies in the cities and towns around Painesville. 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 98, 1.1x Painesville.
Willoughby, OH has a cost of living index of 95, 1.1x Painesville.
South Euclid, OH has a cost of living index of 91, 1.0x Painesville.
| City | Population | Cost Of Living | Vs. Painesville |
|---|---|---|---|
| Mentor, OH | 47,215 | 98 | 1.1x |
| Willoughby, OH | 23,934 | 95 | 1.1x |
| South Euclid, OH | 21,606 | 91 | 1.0x |
| Mayfield Heights, OH | 20,082 | 92 | 1.0x |
| Eastlake, OH | 17,538 | 89 | 1.0x |
| Willowick, OH | 14,182 | 90 | 1.0x |
| Lyndhurst, OH | 13,854 | 95 | 1.1x |
| Wickliffe, OH | 12,639 | 90 | 1.0x |
| Highland Heights, OH | 8,619 | 116 | 1.3x |
| Mentor-on-the-Lake, OH | 7,117 | 93 | 1.0x |
