Cost of living in Streetsboro 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 Streetsboro 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 Streetsboro is 92, with 100 being the average.
The cost of living index in Streetsboro is 0.9x lower than the national average.
Streetsboro ranks as the #123 cheapest in Ohio out of 289.
Streetsboro ranks as the #1,501 cheapest out of 6,489 in the US.
The median home value in Streetsboro is $278,467.
The median income in Streetsboro is $82,273.
According to the most recent data on the cost of living, Streetsboro has an overall cost of living index of 92, which is 0.9x lower than the national index of 100.
Compared to Ohio, Streetsboro has a cost of living index that's 1.0x lower than Ohio's index of 93.
The standard of living in Streetsboro ranks as #123 most affordable out of the 289 places we measured in Ohio. By definition, that implies Streetsboro ranks as the #166 most expensive place in the Buckeye State.
For more reading on life in Streetsboro, check out:
Six factors go into calculating the cost of living index in Streetsboro. Here is how it fairs on each of the criteria:
The Services index in Streetsboro is 93.
The Groceries index in Streetsboro is 102.
The Health index in Streetsboro is 97.
The Housing index in Streetsboro is 87.
The Transportation index in Streetsboro is 100.
The Utilities index in Streetsboro is 103.
| Living Expense | Streetsboro | Ohio | National Average | |
|---|---|---|---|---|
| Overall | 92 | 93 | 100 | |
| Services | 93 | 101 | 100 | |
| Groceries | 102 | 103 | 100 | |
| Health | 97 | 97 | 100 | |
| Housing | 87 | 74 | 100 | |
| Transportation | 100 | 102 | 100 | |
| Utilities | 103 | 100 | 100 | |
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 Streetsboro is $278,467.
The Median Rent in Streetsboro is $1,372.
The Median Income in Streetsboro is $82,273.
The Home Value To Income in Streetsboro is 3.4x.
The Rent To Monthly Income in Streetsboro is 0.2x.
| Statistic | Streetsboro | Ohio | United States |
|---|---|---|---|
| Median Home Value | $278,467 | $240,287 | $303,400 |
| Median Rent | $1,372 | $988 | $1,348 |
| Median Income | $82,273 | $69,680 | $78,538 |
| Home Value To Income | 3.4x | 3.4x | 3.9x |
| Rent To Monthly Income | 0.2x | 0.17x | 0.21x |
| Item | Streetsboro | 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 |
| Item | Streetsboro | 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 |
| Item | Streetsboro | Ohio |
|---|---|---|
| Optometrist | $103.58 | $125.68 |
| Doctor | $119.67 | $135.78 |
| Dentist | $109.73 | $113.29 |
| Item | Streetsboro | Ohio |
|---|---|---|
| Gasoline | $3.41 | $3.46 |
| Tire Balancing | $57.76 | $59.92 |
| Item | Streetsboro | Ohio |
|---|---|---|
| All Electricity | $205.88 | $193.99 |
| Phone | $186.78 | $192.25 |
The cost of living varies in the cities and towns around Streetsboro. 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, 1.1x Streetsboro.
Shaker Heights, OH has a cost of living index of 106, 1.2x Streetsboro.
Kent, OH has a cost of living index of 93, 1.0x Streetsboro.
| City | Population | Cost Of Living | Vs. Streetsboro |
|---|---|---|---|
| Stow, OH | 34,317 | 99 | 1.1x |
| Shaker Heights, OH | 29,004 | 106 | 1.2x |
| Kent, OH | 27,190 | 93 | 1.0x |
| Solon, OH | 23,970 | 113 | 1.2x |
| Hudson, OH | 23,007 | 125 | 1.4x |
| Broadview Heights, OH | 19,768 | 104 | 1.1x |
| Aurora, OH | 17,386 | 113 | 1.2x |
| Macedonia, OH | 12,142 | 104 | 1.1x |
| Seven Hills, OH | 11,628 | 102 | 1.1x |
| Ravenna, OH | 11,286 | 87 | 0.9x |