Cost of Living in Ohio

Updated November 2026 · population 11,810,293

Cost index (US = 100)
92.8
Cheaper than the US average
State rank
#35 of 51
1 = most expensive · all states
Monthly budget
$2,293
single · $4,713 family of 4
Modelled, state-average prices
Median rent
$1,034
home value $214,800

Ohio prices are 7.2% below the US average (index 92.8), ranking 35th most expensive of 51 states and DC; housing is the biggest saving at 73.0, and a single adult's modelled budget at state-average prices is about $2,293 a month.

Prices by category

Ohio price index by category, US average = 100: All items 92.8, Housing (rents) 73.0, Goods 93.7, Utilities 95.8, Other services 98.9

Cheaper than US average More expensive · BEA RPP 2024, state level
AreaAll items
Ohio (whole state)92.8
Metropolitan areas of Ohio93.6
Nonmetropolitan areas of Ohio88.3

Cities in Ohio

Select a column heading to sort.

Columbus 914,802 94.9 $2,581 $5,025 $1,295 $252,900
Cleveland 366,097 91.1 $2,222 $4,655 $945 $102,000
Cincinnati 311,224 92.8 $2,355 $4,820 $1,001 $230,900
Toledo 267,463 90.8 $2,144 $4,620 $901 $114,500
Akron 189,247 90.4 $2,182 $4,617 $955 $122,000
Dayton 136,579 90.6 $2,150 $4,585 $918 $100,600
Parma 79,870 92.9 $2,399 $4,917 $1,087 $170,100
Canton 69,755 89.1 $2,104 $4,472 $850 $97,800
Lorain 65,395 90.4 $2,125 $4,546 $887 $139,200
Hamilton 63,468 92.9 $2,237 $4,675 $1,007 $165,200
Youngstown 59,331 88.0 $1,999 $4,390 $728 $63,300
Springfield 58,190 89.9 $2,095 $4,519 $851 $116,800
Kettering 57,206 92.3 $2,348 $4,872 $1,051 $208,500
Elyria 53,035 90.6 $2,157 $4,594 $906 $156,100
Middletown 51,617 92.9 $2,269 $4,643 $1,007 $164,400
Cuyahoga Falls 50,909 91.4 $2,357 $4,730 $1,038 $183,300
Newark 50,783 91.0 $2,205 $4,722 $973 $192,300
Lakewood 50,007 92.7 $2,411 $5,094 $1,070 $262,200

Metro areas in Ohio

Metro areaAll itemsHousing
Columbus, OH95.587.9
Cincinnati, OH-KY-IN95.487.6
Cleveland, OH93.979.4
Akron, OH93.476.8
Dayton-Kettering-Beavercreek, OH92.772.7
Toledo, OH91.567.3
Springfield, OH90.561.7
Lima, OH89.757.3
Canton-Massillon, OH89.458.1
Sandusky, OH89.359.5
Weirton-Steubenville, WV-OH89.052.4
Mansfield, OH88.954.9
Huntington-Ashland, WV-KY-OH88.451.3
Wheeling, WV-OH88.351.4
Youngstown-Warren, OH87.453.4

BEA Regional Price Parities 2024 for metropolitan statistical areas that include part of Ohio.

Modelled monthly budget at Ohio average prices

1 adult · 1-bedroom · modelled estimate for Ohio (state average)

CategoryPer monthPer yearShare
Housing (rent) $669 $8,028 29%
Utilities $261 $3,132 11%
Food at home $264 $3,168 12%
Transportation $592 $7,104 26%
Health care $348 $4,176 15%
Clothing, personal care & supplies $159 $1,908 7%
Total$2,293$27,516100%

2 adults · 2-bedroom · modelled estimate for Ohio (state average)

CategoryPer monthPer yearShare
Housing (rent) $858 $10,296 22%
Utilities $414 $4,968 11%
Food at home $488 $5,856 13%
Transportation $1,171 $14,052 30%
Health care $645 $7,740 17%
Clothing, personal care & supplies $313 $3,756 8%
Total$3,889$46,668100%

2 adults + 2 children · 3-bedroom · modelled estimate for Ohio (state average)

CategoryPer monthPer yearShare
Housing (rent) $950 $11,400 20%
Utilities $504 $6,048 11%
Food at home $696 $8,352 15%
Transportation $1,559 $18,708 33%
Health care $601 $7,212 13%
Clothing, personal care & supplies $403 $4,836 9%
Total$4,713$56,556100%

state figures Rents are Census ACS state medians by bedrooms. See the methodology.

Electricity and gas and inflation

Residential electricity

19.38¢/kWh, August 2026

12-month change +10.4% · US 18.16¢

Aug 2025: 17.55¢/kWh Sep 2025: 17.53¢/kWh Oct 2025: 17.77¢/kWh Nov 2025: 17.61¢/kWh Dec 2025: 17.25¢/kWh Jan 2026: 17.59¢/kWh Feb 2026: 17.61¢/kWh Mar 2026: 18.78¢/kWh Apr 2026: 19.49¢/kWh May 2026: 19.52¢/kWh Jun 2026: 19.19¢/kWh Jul 2026: 19.45¢/kWh Aug 2026: 19.38¢/kWh

Regular gasoline

$4.09/gal, week of 2026-11-02

12-month change +41.0% · US $4.15

2026-05-11: $4.661/gal 2026-05-18: $4.510/gal 2026-05-25: $4.560/gal 2026-06-01: $4.299/gal 2026-06-08: $4.016/gal 2026-06-15: $4.080/gal 2026-06-22: $3.862/gal 2026-06-29: $3.772/gal 2026-07-06: $3.564/gal 2026-07-13: $3.799/gal 2026-07-20: $3.860/gal 2026-07-27: $3.849/gal 2026-08-03: $4.085/gal 2026-08-10: $3.899/gal 2026-08-17: $4.180/gal 2026-08-24: $3.981/gal 2026-08-31: $3.797/gal 2026-09-07: $3.885/gal 2026-09-14: $4.147/gal 2026-09-21: $4.478/gal 2026-09-28: $4.263/gal 2026-10-05: $3.829/gal 2026-10-12: $3.870/gal 2026-10-19: $4.049/gal 2026-10-26: $4.380/gal 2026-11-02: $4.090/gal

Consumer prices in the Midwest region rose +4.2% over the 12 months to September 2026 (US +3.7%; BLS CPI-U).

Price level history

Year201920202021202220232024
Ohio93.391.992.291.591.992.8

Change over the period: −0.5 points. Each year is measured relative to that year's US average.

Frequently asked questions

Is Ohio an expensive state to live in?

Ohio has a cost of living index of 92.8 (US = 100), 7.2% below the US average. It ranks 35th of 51 (1 = most expensive). Housing is 73.0 (rank 38), goods 93.7, utilities 95.8 and other services 98.9. Source: BEA Regional Price Parities 2024.

How much does it cost to live in Ohio?

At Ohio state-average prices, our modelled monthly budget is $2,293 for a single adult, $3,889 for a couple and $4,713 for a family of four, before taxes and child care. Costs vary widely within the state: metro areas average 93.6 and nonmetro areas 88.3.

What is the median rent and home value in Ohio?

The median gross rent in Ohio is $1,034 a month and the median home value is $214,800 (Census ACS 2020-2024). The typical renter spends 28.3% of income on rent.

Sources

Budgets are modelled estimates, not observed spending. Not financial advice. Methodology