Solon, OH Cost Of Living

Demographics | Crime | Cost Of Living
Updated: 2023-11-15

Cost Of Living In Solon, OH Summary

Cost of living in Solon 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 Solon 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 Solon is 114, with 100 being the average.

  • The cost of living index in Solon is 1.1x higher than the national average.

  • Solon ranks as the #274 cheapest in Ohio out of 286.

  • Solon ranks as the #4,427 cheapest out of 6,412 in the US.

  • The median home value in Solon is $315,800.

  • The median income in Solon is $118,418.

Table Of Contents

  1. Summary
  2. National Comparison
  3. Housing Breakdown
  4. Detailed Pricing
  5. Nearby Comparisons
114
Solon's Overall Cost Of Living
1.1x
Higher Than The National Average

What is the cost of living in Solon, OH?

According to the most recent data on the cost of living, Solon has an overall cost of living index of 114, which is 1.1x higher than the national index of 100.

Compared to Ohio, Solon has a cost of living index that's 1.3x higher than Ohio's index of 91.

The standard of living in Solon ranks as #274 most affordable out of the 286 places we measured in Ohio. By definition, that implies Solon ranks as the #12 most expensive place in the Buckeye State.

For more reading on life in Solon, check out:

274 out of 286
In Ohio
4,427 out of 6,412
In America

Solon Cost Of Living Vs. Ohio

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

  • The Services index in Solon is 100.

  • The Groceries index in Solon is 102.

  • The Health index in Solon is 111.

  • The Housing index in Solon is 140.

  • The Transportation index in Solon is 101.

  • The Utilities index in Solon is 95.

Living Expense Solon Ohio National Average
Overall 114 91 100
Services 100 98 100
Groceries 102 101 100
Health 111 95 100
Housing 140 73 100
Transportation 101 98 100
Utilities 95 93 100
For more reading on cost of living around Ohio, check out:
Solon Cost of Living Vs. OH

Solon, 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 2017-2021. The key points are:

  • The Median Home Value in Solon is $315,800.

  • The Median Rent in Solon is $1,227.

  • The Median Income in Solon is $118,418.

  • The Home Value To Income in Solon is 2.7x.

  • The Rent To Monthly Income in Solon is 0.12x.

Statistic Solon Ohio United States
Median Home Value $315,800 $159,900 $244,900
Median Rent $1,227 $870 $1,163
Median Income $118,418 $61,938 $69,021
Home Value To Income 2.7x 2.6x 3.5x
Rent To Monthly Income 0.12x 0.17x 0.2x
Search Homes For Sale In Solon, OH
$315,800
Median Home Value
$1,227
Median Rent
$118,418
Median Income

Solon, OH Costs By Category

Detailed Solon Services Costs Vs. Ohio

Item Solon Ohio
Shampoo $1.08 $1.06
Movie $11.87 $10.68
Bowling $16.87 $14.67
Haircut $18.34 $18.62
Beauty Salon $31.4 $39.05

Detailed Solon Groceries Costs Vs. Ohio

Item Solon Ohio
Ground Beef $5.31 $4.22
Fried Chicken $1.83 $1.39
Milk $1.55 $2.05
Potatoes $3.19 $3.29
Pizza $11.49 $10.62
Beer $9.17 $9.38
Toothpaste $2.65 $2.34

Detailed Solon Health Costs Vs. Ohio

Item Solon Ohio
Optometrist $86.0 $108.57
Doctor $121.47 $116.17
Dentist $119.67 $99.13

Detailed Solon Transportation Costs Vs. Ohio

Item Solon Ohio
Gasoline $2.25 $2.22
Tire Balancing $47.56 $50.07

Detailed Solon Utilities Costs Vs. Ohio

Item Solon Ohio
All Electricity $154.37 $167.67
Phone $180.6 $175.64

Solon SnackAbility

9.5
/10
Overall SnackAbility
Jobs
9/10
Housing
8.5
Affordability
8.5
Diversity
8.5
Safety
9
Amenities
8
Education
9
Commute
7

Cost Of Living In Cities Around Solon

The cost of living varies in the cities and towns around Solon. 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 99, 0.9x Solon.

  • Shaker Heights, OH has a cost of living index of 103, 0.9x Solon.

  • Hudson, OH has a cost of living index of 124, 1.1x Solon.

City Population Cost Of Living Vs. Solon
Stow, OH 34,556 99 0.9x
Shaker Heights, OH 29,197 103 0.9x
Hudson, OH 23,001 124 1.1x
Broadview Heights, OH 19,820 104 0.9x
Twinsburg, OH 19,220 103 0.9x
Bedford, OH 13,073 89 0.8x
Macedonia, OH 12,083 103 0.9x
Seven Hills, OH 11,696 101 0.9x
Bedford Heights, OH 10,942 86 0.8x
Highland Heights, OH 8,658 110 1.0x

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