Ravenna, OH Cost Of Living

The latest cost of living statistics for Ravenna. Includes statistics on rent, mortgages, healthcare, and other costs for Ravenna compared to the state and national averages.

Cost of living in Ravenna, Ohio

Cost of living in Ravenna 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 Ravenna 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:

84 Cost of living index 0.8x lower vs US
#36 Cheapest in Ohio (of 284)
#251 Cheapest in the U.S. (of 6,489)
$215,181 Median home value
$947 Median rent
$59,971 Median income
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What is the cost of living in Ravenna, OH?

According to the most recent data on the cost of living, Ravenna has an overall cost of living index of 84, which is 0.8x lower than the national index of 100.

Compared to Ohio, Ravenna has a cost of living index that's 0.9x lower than Ohio's index of 90.

The standard of living in Ravenna ranks as #36 most affordable out of the 284 places we measured in Ohio. By definition, that implies Ravenna ranks as the #248 most expensive place in the Buckeye State.

For more reading on life in Ravenna, check out:

Ravenna Cost Of Living Vs. Ohio

Six factors go into calculating the cost of living index in Ravenna. Here is how it fares on each of the criteria:

  • The Services index in Ravenna is 97.

  • The Groceries index in Ravenna is 95.

  • The Health index in Ravenna is 63.

  • The Housing index in Ravenna is 98.

  • The Transportation index in Ravenna is 95.

  • The Utilities index in Ravenna is 100.

Living Expense Ravenna Ohio National Average
Overall 84 90 100
Services 97 97 100
Groceries 95 97 100
Health 63 75 100
Housing 98 97 100
Transportation 95 95 100
Utilities 100 97 100

Ravenna Cost Of Living Compared To Ohio Averages

Services
Ravenna 97
Ohio avg 97
Groceries
Ravenna 95
Ohio avg 97
Health
Ravenna 63
Ohio avg 75
Housing
Ravenna 98
Ohio avg 97
Transportation
Ravenna 95
Ohio avg 95
Utilities
Ravenna 100
Ohio avg 97

Index where 100 = national average. Source: cost-of-living index 2026.

For more reading on cost of living around Ohio, check out:

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Source: Cost-of-living index 2026, normalized to US average = 100

Ravenna, OH Housing Cost Breakdown

$215,181Median Home Value
$947Median Rent
$59,971Median Income

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 Ravenna is $215,181.

  • The Median Rent in Ravenna is $947.

  • The Median Income in Ravenna is $59,971.

  • The Home Value To Income in Ravenna is 3.6x.

  • The Rent To Monthly Income in Ravenna is 0.19x.

Statistic Ravenna Ohio United States
Median Home Value $215,181 $242,141 $332,700
Median Rent $947 $1,034 $1,413
Median Income $59,971 $71,389 $80,734
Home Value To Income 3.6x 3.4x 4.1x
Rent To Monthly Income 0.19x 0.17x 0.21x

Ravenna, OH Costs By Category

Detailed Ravenna Services costs vs. Ohio
Item Ravenna 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 Ravenna Groceries costs vs. Ohio
Item Ravenna 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 Ravenna Health costs vs. Ohio
Item Ravenna Ohio
Optometrist $103.58 $125.68
Doctor $119.67 $135.78
Dentist $109.73 $113.29
Detailed Ravenna Transportation costs vs. Ohio
Item Ravenna Ohio
Gasoline $3.41 $3.46
Tire Balancing $57.76 $59.92
Detailed Ravenna Utilities costs vs. Ohio
Item Ravenna Ohio
All Electricity $205.88 $193.99
Phone $186.78 $192.25

Ravenna SnackAbility

5Overall SnackAbility
Jobs 4/10
Housing 5/10
Affordability 6/10
Diversity 7/10
SafetyN/A
Amenities 8.5/10
Education 6/10
Commute 8/10

Cost Of Living In Cities Around Ravenna

The cost of living varies in the cities and towns around Ravenna. Here's a quick look at the cost of living in the most populous nearby places:

  • Stow, OH has a cost of living index of 98, 1.2x Ravenna.

  • Green, OH has a cost of living index of 97, 1.2x Ravenna.

  • Kent, OH has a cost of living index of 91, 1.1x Ravenna.

City Population Cost Of Living Vs. Ravenna
Stow, OH 34,240 98 1.2x
Green, OH 27,393 97 1.2x
Kent, OH 27,116 91 1.1x
Solon, OH 23,943 114 1.4x
Hudson, OH 23,039 130 1.5x
Twinsburg, OH 19,410 104 1.2x
Tallmadge, OH 18,335 97 1.2x
Streetsboro, OH 17,661 96 1.1x
Aurora, OH 17,581 115 1.4x
Macedonia, OH 12,152 103 1.2x