Shelby, OH Cost Of Living
Cost Of Living In Shelby, OH Summary
Cost of living in Shelby 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 Shelby 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 Shelby is 85, with 100 being the average.
The cost of living index in Shelby is 0.8x lower than the national average.
Shelby ranks as the #29 cheapest in Ohio out of 289.
Shelby ranks as the #511 cheapest out of 6,489 in the US.
The median home value in Shelby is $179,883.
The median income in Shelby is $52,760.
Table Of Contents
Shelby's Overall Cost Of Living
Lower Than The National Average
What is the cost of living in Shelby, OH?
According to the most recent data on the cost of living, Shelby has an overall cost of living index of 85, which is 0.8x lower than the national index of 100.
Compared to Ohio, Shelby has a cost of living index that's 0.9x lower than Ohio's index of 93.
The standard of living in Shelby ranks as #29 most affordable out of the 289 places we measured in Ohio. By definition, that implies Shelby ranks as the #260 most expensive place in the Buckeye State.
For more reading on life in Shelby, check out:
In Ohio
In America
Shelby Cost Of Living Vs. Ohio
Six factors go into calculating the cost of living index in Shelby. Here is how it fairs on each of the criteria:
The Services index in Shelby is 103.
The Groceries index in Shelby is 98.
The Health index in Shelby is 84.
The Housing index in Shelby is 53.
The Transportation index in Shelby is 99.
The Utilities index in Shelby is 93.
| Living Expense | Shelby | Ohio | National Average | |
|---|---|---|---|---|
| Overall | 85 | 93 | 100 | |
| Services | 103 | 101 | 100 | |
| Groceries | 98 | 103 | 100 | |
| Health | 84 | 97 | 100 | |
| Housing | 53 | 74 | 100 | |
| Transportation | 99 | 102 | 100 | |
| Utilities | 93 | 100 | 100 | |
Shelby, 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 Shelby is $179,883.
The Median Rent in Shelby is $724.
The Median Income in Shelby is $52,760.
The Home Value To Income in Shelby is 3.4x.
The Rent To Monthly Income in Shelby is 0.16x.
Median Home Value
Median Rent
Median Income
Shelby, OH Costs By Category
Detailed Shelby Services Costs Vs. Ohio
Detailed Shelby Groceries Costs Vs. Ohio
Detailed Shelby Health Costs Vs. Ohio
Detailed Shelby Transportation Costs Vs. Ohio
Detailed Shelby Utilities Costs Vs. Ohio
Shelby SnackAbility
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Cost Of Living In Cities Around Shelby
The cost of living varies in the cities and towns around Shelby. Here's a quick look at the cost of living in the most populous nearby places:
Mansfield, OH has a cost of living index of 81, 1.0x Shelby.
Ashland, OH has a cost of living index of 88, 1.0x Shelby.
Bucyrus, OH has a cost of living index of 87, 1.0x Shelby.
| City | Population | Cost Of Living | Vs. Shelby |
|---|---|---|---|
| Mansfield, OH | 47,686 | 81 | 1.0x |
| Ashland, OH | 19,008 | 88 | 1.0x |
| Bucyrus, OH | 11,619 | 87 | 1.0x |
| Galion, OH | 10,358 | 84 | 1.0x |
| Ontario, OH | 6,649 | 94 | 1.1x |
| Willard, OH | 6,174 | 87 | 1.0x |
