Cost of living in The Village of Indian Hill 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 The Village of Indian Hill 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 The Village of Indian Hill is 217, with 100 being the average.
The cost of living index in The Village of Indian Hill is 2.2x higher than the national average.
The Village of Indian Hill ranks as the #289 cheapest in Ohio out of 289.
The Village of Indian Hill ranks as the #6,378 cheapest out of 6,489 in the US.
The median home value in The Village of Indian Hill is $1,607,555.
The median income in The Village of Indian Hill is $228,194.
According to the most recent data on the cost of living, The Village of Indian Hill has an overall cost of living index of 217, which is 2.2x higher than the national index of 100.
Compared to Ohio, The Village of Indian Hill has a cost of living index that's 2.3x higher than Ohio's index of 93.
The standard of living in The Village of Indian Hill ranks as #289 most affordable out of the 289 places we measured in Ohio. By definition, that implies The Village of Indian Hill ranks as the #0 most expensive place in the Buckeye State.
For more reading on life in The Village of Indian Hill, check out:
Six factors go into calculating the cost of living index in The Village of Indian Hill. Here is how it fairs on each of the criteria:
The Services index in The Village of Indian Hill is 103.
The Groceries index in The Village of Indian Hill is 101.
The Health index in The Village of Indian Hill is 104.
The Housing index in The Village of Indian Hill is 490.
The Transportation index in The Village of Indian Hill is 101.
The Utilities index in The Village of Indian Hill is 100.
| Living Expense | The Village of Indian Hill | Ohio | National Average | |
|---|---|---|---|---|
| Overall | 217 | 93 | 100 | |
| Services | 103 | 101 | 100 | |
| Groceries | 101 | 103 | 100 | |
| Health | 104 | 97 | 100 | |
| Housing | 490 | 74 | 100 | |
| Transportation | 101 | 102 | 100 | |
| Utilities | 100 | 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 The Village of Indian Hill is $1,607,555.
The Median Rent in The Village of Indian Hill is $2,466.
The Median Income in The Village of Indian Hill is $228,194.
The Home Value To Income in The Village of Indian Hill is 7.0x.
The Rent To Monthly Income in The Village of Indian Hill is 0.13x.
| Statistic | The Village of Indian Hill | Ohio | United States |
|---|---|---|---|
| Median Home Value | $1,607,555 | $240,287 | $303,400 |
| Median Rent | $2,466 | $988 | $1,348 |
| Median Income | $228,194 | $69,680 | $78,538 |
| Home Value To Income | 7.0x | 3.4x | 3.9x |
| Rent To Monthly Income | 0.13x | 0.17x | 0.21x |
| Item | The Village of Indian Hill | Ohio |
|---|---|---|
| Shampoo | $1.27 | $1.28 |
| Movie | $14.35 | $12.13 |
| Bowling | $17.56 | $18 |
| Haircut | $25.13 | $24.26 |
| Beauty Salon | $37.93 | $45.56 |
| Item | The Village of Indian Hill | Ohio |
|---|---|---|
| Ground Beef | $5.91 | $5.84 |
| Fried Chicken | $1.72 | $1.57 |
| Milk | $4.8 | $4.67 |
| Potatoes | $5.05 | $4.93 |
| Pizza | $11.92 | $12.09 |
| Beer | $10.63 | $10.41 |
| Toothpaste | $3.6 | $3.7 |
| Item | The Village of Indian Hill | Ohio |
|---|---|---|
| Optometrist | $105.42 | $125.68 |
| Doctor | $159.4 | $135.78 |
| Dentist | $106.67 | $113.29 |
| Item | The Village of Indian Hill | Ohio |
|---|---|---|
| Gasoline | $3.27 | $3.46 |
| Tire Balancing | $73.09 | $59.92 |
| Item | The Village of Indian Hill | Ohio |
|---|---|---|
| All Electricity | $197.1 | $193.99 |
| Phone | $186.48 | $192.25 |