Stow, OH Cost Of Living
Cost Of Living In Stow, OH Summary
Cost of living in Stow 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 Stow 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 Stow is 99, with 100 being the average.
The cost of living index in Stow is 1.0x lower than the national average.
Stow ranks as the #236 cheapest in Ohio out of 286.
Stow ranks as the #3,027 cheapest out of 6,412 in the US.
The median home value in Stow is $198,400.
The median income in Stow is $80,523.
Table Of Contents
Stow's Overall Cost Of Living
Lower Than The National Average
What is the cost of living in Stow, OH?
According to the most recent data on the cost of living, Stow has an overall cost of living index of 99, which is 1.0x lower than the national index of 100.
Compared to Ohio, Stow has a cost of living index that's 1.1x higher than Ohio's index of 91.
The standard of living in Stow ranks as #236 most affordable out of the 286 places we measured in Ohio. By definition, that implies Stow ranks as the #50 most expensive place in the Buckeye State.
For more reading on life in Stow, check out:
- Living In Stow
- Stow Crime Report
- Search Homes For Sale In Stow, OH
In Ohio
In America
Stow Cost Of Living Vs. Ohio
Six factors go into calculating the cost of living index in Stow. Here is how it fairs on each of the criteria:
The Services index in Stow is 102.
The Groceries index in Stow is 103.
The Health index in Stow is 103.
The Housing index in Stow is 93.
The Transportation index in Stow is 95.
The Utilities index in Stow is 102.
| Living Expense | Stow | Ohio | National Average | |
|---|---|---|---|---|
| Overall | 99 | 91 | 100 | |
| Services | 102 | 98 | 100 | |
| Groceries | 103 | 101 | 100 | |
| Health | 103 | 95 | 100 | |
| Housing | 93 | 73 | 100 | |
| Transportation | 95 | 98 | 100 | |
| Utilities | 102 | 93 | 100 | |
Stow, 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 Stow is $198,400.
The Median Rent in Stow is $1,056.
The Median Income in Stow is $80,523.
The Home Value To Income in Stow is 2.5x.
The Rent To Monthly Income in Stow is 0.16x.
| Statistic | Stow | Ohio | United States |
|---|---|---|---|
| Median Home Value | $198,400 | $159,900 | $244,900 |
| Median Rent | $1,056 | $870 | $1,163 |
| Median Income | $80,523 | $61,938 | $69,021 |
| Home Value To Income | 2.5x | 2.6x | 3.5x |
| Rent To Monthly Income | 0.16x | 0.17x | 0.2x |
Median Home Value
Median Rent
Median Income
Stow, OH Costs By Category
Detailed Stow Services Costs Vs. Ohio
Detailed Stow Groceries Costs Vs. Ohio
Detailed Stow Health Costs Vs. Ohio
Detailed Stow Transportation Costs Vs. Ohio
Detailed Stow Utilities Costs Vs. Ohio
Stow SnackAbility
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Cost Of Living In Cities Around Stow
The cost of living varies in the cities and towns around Stow. Here's a quick look at the cost of living in the most populous nearby places:
Cuyahoga Falls, OH has a cost of living index of 90, 0.9x Stow.
North Royalton, OH has a cost of living index of 101, 1.0x Stow.
Kent, OH has a cost of living index of 94, 0.9x Stow.
| City | Population | Cost Of Living | Vs. Stow |
|---|---|---|---|
| Cuyahoga Falls, OH | 50,906 | 90 | 0.9x |
| North Royalton, OH | 31,150 | 101 | 1.0x |
| Kent, OH | 27,912 | 94 | 0.9x |
| Solon, OH | 24,070 | 114 | 1.2x |
| Hudson, OH | 23,001 | 124 | 1.3x |
| Broadview Heights, OH | 19,820 | 104 | 1.1x |
| Twinsburg, OH | 19,220 | 103 | 1.0x |
| Tallmadge, OH | 18,409 | 96 | 1.0x |
| Streetsboro, OH | 17,282 | 95 | 1.0x |
| Aurora, OH | 17,108 | 111 | 1.1x |
