Ohio makes the headlines for many reasons: the Cleveland Browns, Cincinnati’s Skyline Chili, and it’s inability to choose a political party. And, folks, HomeSnacks is happy to add to these headlines with our list of the top ten most expensive places in The Buckeye State for 2024.
To calculate our list, we created our very own cost of living index based on housing costs and income levels. To get the necessary numbers to complete our formula, we consulted the American Community Survey for the latest data on home price to income ratio and rent to income ratio for places in Ohio with at least 5,000 residents. We then took into account if a place was safe, availability of high paying jobs, and if a place has amenities that placate to the wealthy. And finally, we gave each place an overall SnackAbility score.
We’re going to leave this right here: if you want to live in one of Ohio’s most expensive places you should probably consider going to school for a degree in healthcare and/or finance. More importantly, many of Ohio’s most expensive places are also the state’s safest. And, lucky for Ohio’s wealthy, there is no shortage of five star amenities. Yes, if you have some coin in your pocket, you, too, can be part of Ohio’s “in crowd” with box seats to the Cincinnati Bengals games and week long stays in the penthouse at the Great Wolf Lodge in Sandusky.
However, if you want to know the place in Ohio that scored a perfect 10/10 SnackAbility score, you’re going to have to keep reading.
Table Of Contents: Top Ten | Methodology | Summary | Table
The 10 Most Expensive Places To Live In Ohio For 2024
What’s the most expensive place to live in Ohio? Well, HomeSnacks crunched the numbers and discovered that The Village of Indian Hill is the most expensive place to live in Ohio.
Galion (the cheapest place to live in Ohio) can show these guys how to live on a budget in the coming years. Read on for how these places had costs rise faster than inflation.
And if you already knew these places were expensive, check out some more reading about Ohio and the most expensive cities in the country:
The 10 Most Expensive Places To Live In Ohio For 2024
/10
Population: 6,051
Cost Of Living Index: 220
Median Income: $218,073
Average Home Price: $1,424,788
Home Price To Income Ratio: 6.5x
More on The Village Of Indian Hill: Data | Cost Of Living | Real Estate
The overall cost of living in The Village Of Indian Hill is 220. The median income in The Village Of Indian Hill comes in at $218,073 and the average home value is $1,424,788 for 2024.
/10
Population: 10,516
Cost Of Living Index: 139
Median Income: $224,824
Average Home Price: $566,724
Home Price To Income Ratio: 2.5x
More on New Albany: Data | Crime | Cost Of Living | Real Estate
The overall cost of living in New Albany is 139. The median income in New Albany comes in at $224,824 and the average home value is $566,724 for 2024.
/10
Population: 6,778
Cost Of Living Index: 129
Median Income: $198,438
Average Home Price: $590,591
Home Price To Income Ratio: 3.0x
More on Pepper Pike: Data | Crime | Cost Of Living | Real Estate
The overall cost of living in Pepper Pike is 129. The median income in Pepper Pike comes in at $198,438 and the average home value is $590,591 for 2024.
/10
Population: 14,113
Cost Of Living Index: 123
Median Income: $182,736
Average Home Price: $544,262
Home Price To Income Ratio: 3.0x
More on Powell: Data | Crime | Cost Of Living | Real Estate
The overall cost of living in Powell is 123. The median income in Powell comes in at $182,736 and the average home value is $544,262 for 2024.
/10
Population: 23,005
Cost Of Living Index: 122
Median Income: $160,280
Average Home Price: $483,879
Home Price To Income Ratio: 3.0x
More on Hudson: Data | Crime | Cost Of Living | Real Estate
The overall cost of living in Hudson is 122. The median income in Hudson comes in at $160,280 and the average home value is $483,879 for 2024.
/10
Population: 10,816
Cost Of Living Index: 122
Median Income: $142,244
Average Home Price: $566,117
Home Price To Income Ratio: 4.0x
More on Montgomery: Data | Crime | Cost Of Living | Real Estate
The overall cost of living in Montgomery is 122. The median income in Montgomery comes in at $142,244 and the average home value is $566,117 for 2024.
/10
Population: 48,893
Cost Of Living Index: 120
Median Income: $158,363
Average Home Price: $539,434
Home Price To Income Ratio: 3.4x
More on Dublin: Data | Crime | Cost Of Living | Real Estate
The overall cost of living in Dublin is 120. The median income in Dublin comes in at $158,363 and the average home value is $539,434 for 2024.
/10
Population: 8,720
Cost Of Living Index: 118
Median Income: $137,917
Average Home Price: $442,718
Home Price To Income Ratio: 3.2x
More on Wyoming: Data | Crime | Cost Of Living | Real Estate
The overall cost of living in Wyoming is 118. The median income in Wyoming comes in at $137,917 and the average home value is $442,718 for 2024.
/10
Population: 36,500
Cost Of Living Index: 115
Median Income: $144,705
Average Home Price: $560,961
Home Price To Income Ratio: 3.9x
More on Upper Arlington: Data | Crime | Cost Of Living | Real Estate
The overall cost of living in Upper Arlington is 115. The median income in Upper Arlington comes in at $144,705 and the average home value is $560,961 for 2024.
/10
Population: 13,846
Cost Of Living Index: 114
Median Income: $105,346
Average Home Price: $427,232
Home Price To Income Ratio: 4.1x
More on Beachwood: Data | Crime | Cost Of Living | Real Estate
The overall cost of living in Beachwood is 114. The median income in Beachwood comes in at $105,346 and the average home value is $427,232 for 2024.
Methodology: How We Determined The Most Expensive Places To Live In The Buckeye State For 2024
The two most important things to think about when it comes to being able to afford a city in Ohio are:
- How much money do I make?
- How much do I have to spend to live there?
You need to understand your costs in the context of how much money you make.
For example, if the median household earns $100,000 and spends $40,000 on housing, it’s actually cheaper to live there than a place with a median income of $50,000 and housing costs of $21,000. You might spend more on housing, but you have more money overall to play with.
With that example in mind, we derived several statistics from the latest Census American Community Survey 2018-2022 around incomes and costs. They are:
- Overall Cost Of Living Index
- Median Home Price / Median Income (lower is better)
- Median Income / Median Rent (Higher is better)
- Median Home Price
You can then compare these metrics in each of the places in Ohio to figure out which is the most expensive.
You are left with a “Cost of Living Index” by taking the average rank of each of these metrics for each city.
So we used that cost of living index to rank all of the 253 places in Ohio that have more than 5,000 people.
The place with the highest cost of living in Ohio according to the data is The Village of Indian Hill. We updated this article for 2024. This article is our tenth time ranking the most expensive places to live in Ohio.
Summary: Taking A Chunk Out Of Your Paycheck In Ohio For 2024
Well, there you have it, the places in Ohio that have the highest cost of living, with The Village of Indian Hill ranking as the most expensive city in the Buckeye State.
The most expensive cities in Ohio are The Village of Indian Hill, New Albany, Pepper Pike, Powell, Hudson, Montgomery, Dublin, Wyoming, Upper Arlington, and Beachwood.
Here’s a look at the most affordable cities in Ohio according to the data:
- Galion
- Youngstown
- Wellston
For more Ohio reading, check out:
- Best Places To Live In Ohio
- Cheapest Places To Live In Ohio
- Most Dangerous Cities In Ohio
- Best Places To Raise A Family In Ohio
- Safest Places In Ohio
- Worst Places To Live In Ohio
Most Expensive Cities In Ohio
| Rank | City | Cost Of Living | Population | Median Income | Average Home Price | Home/Income Ratio |
|---|---|---|---|---|---|---|
| 1 | The Village of Indian Hill | 220 | 6,051 | $218,073 | $1,424,788 | 6.5x |
| 2 | New Albany | 139 | 10,516 | $224,824 | $566,724 | 2.5x |
| 3 | Pepper Pike | 129 | 6,778 | $198,438 | $590,591 | 3.0x |
| 4 | Powell | 123 | 14,113 | $182,736 | $544,262 | 3.0x |
| 5 | Hudson | 122 | 23,005 | $160,280 | $483,879 | 3.0x |
| 6 | Montgomery | 122 | 10,816 | $142,244 | $566,117 | 4.0x |
| 7 | Dublin | 120 | 48,893 | $158,363 | $539,434 | 3.4x |
| 8 | Wyoming | 118 | 8,720 | $137,917 | $442,718 | 3.2x |
| 9 | Upper Arlington | 115 | 36,500 | $144,705 | $560,961 | 3.9x |
| 10 | Beachwood | 114 | 13,846 | $105,346 | $427,232 | 4.1x |
| 11 | Solon | 113 | 24,053 | $128,470 | $396,920 | 3.1x |
| 12 | Madeira | 112 | 9,426 | $159,321 | $457,023 | 2.9x |
| 13 | Granville | 112 | 5,778 | $124,255 | $486,938 | 3.9x |
| 14 | Avon | 111 | 24,822 | $128,087 | $425,138 | 3.3x |
| 15 | Blue Ash | 110 | 13,325 | $113,558 | $401,334 | 3.5x |
| 16 | Mason | 109 | 34,768 | $121,082 | $438,226 | 3.6x |
| 17 | Aurora | 109 | 17,227 | $134,728 | $399,236 | 3.0x |
| 18 | Brecksville | 109 | 13,618 | $122,546 | $379,607 | 3.1x |
| 19 | Bexley | 109 | 13,537 | $138,929 | $518,032 | 3.7x |
| 20 | Kirtland | 108 | 6,914 | $111,184 | $357,865 | 3.2x |
| 21 | Grandview Heights | 107 | 8,258 | $100,833 | $493,867 | 4.9x |
| 22 | Willoughby Hills | 106 | 9,972 | $63,438 | $315,021 | 5.0x |
| 23 | Highland Heights | 106 | 8,652 | $124,821 | $375,331 | 3.0x |
| 24 | Avon Lake | 105 | 25,220 | $103,946 | $364,413 | 3.5x |
| 25 | South Lebanon | 104 | 6,376 | $108,194 | $364,423 | 3.4x |
| 26 | Westlake | 103 | 34,027 | $103,658 | $364,251 | 3.5x |
| 27 | Shaker Heights | 103 | 29,157 | $96,494 | $293,145 | 3.0x |
| 28 | Twinsburg | 103 | 19,291 | $91,554 | $317,334 | 3.5x |
| 29 | Bay Village | 103 | 16,047 | $118,816 | $361,384 | 3.0x |
| 30 | Worthington | 103 | 14,997 | $119,408 | $436,367 | 3.7x |
| 31 | Beavercreek | 102 | 46,576 | $108,140 | $295,087 | 2.7x |
| 32 | Broadview Heights | 102 | 19,815 | $97,902 | $321,266 | 3.3x |
| 33 | Independence | 102 | 7,539 | $109,691 | $323,090 | 2.9x |
| 34 | Perrysburg | 101 | 24,855 | $98,419 | $310,361 | 3.2x |
| 35 | Rocky River | 101 | 21,552 | $90,459 | $346,739 | 3.8x |
| 36 | Springboro | 101 | 19,218 | $113,182 | $392,386 | 3.5x |
| 37 | Strongsville | 100 | 46,165 | $101,176 | $319,958 | 3.2x |
| 38 | Macedonia | 100 | 12,126 | $97,611 | $310,528 | 3.2x |
| 39 | Reminderville | 100 | 5,305 | $101,463 | $324,200 | 3.2x |
| 40 | Westerville | 99 | 38,911 | $103,617 | $403,142 | 3.9x |
| 41 | Loveland | 99 | 13,247 | $81,706 | $387,201 | 4.7x |
| 42 | Hilliard | 98 | 36,103 | $116,287 | $345,115 | 3.0x |
| 43 | Monroe | 98 | 15,202 | $100,100 | $305,835 | 3.1x |
| 44 | Sharonville | 98 | 14,023 | $71,544 | $253,038 | 3.5x |
| 45 | Mentor | 97 | 47,302 | $84,503 | $252,525 | 3.0x |
| 46 | Gahanna | 97 | 35,529 | $104,555 | $341,909 | 3.3x |
| 47 | Stow | 97 | 34,459 | $89,805 | $251,917 | 2.8x |
| 48 | North Royalton | 97 | 31,120 | $81,511 | $296,870 | 3.6x |
| 49 | Centerville | 97 | 24,510 | $79,509 | $286,617 | 3.6x |
| 50 | Pickerington | 97 | 23,229 | $114,573 | $384,497 | 3.4x |
| 51 | Sylvania | 97 | 19,042 | $86,048 | $290,474 | 3.4x |
| 52 | Waterville | 97 | 5,980 | $101,473 | $300,509 | 3.0x |
| 53 | Fairfield | 96 | 44,602 | $67,182 | $251,219 | 3.7x |
| 54 | North Ridgeville | 96 | 35,481 | $89,466 | $289,885 | 3.2x |
| 55 | Seven Hills | 96 | 11,681 | $91,975 | $264,289 | 2.9x |
| 56 | Fairlawn | 96 | 7,697 | $87,952 | $275,067 | 3.1x |
| 57 | Bellbrook | 96 | 7,321 | $105,631 | $281,184 | 2.7x |
| 58 | Milford | 96 | 6,556 | $69,141 | $295,639 | 4.3x |
| 59 | St. Clairsville | 96 | 5,085 | $71,732 | $204,139 | 2.8x |
| 60 | North Olmsted | 95 | 32,244 | $81,768 | $236,837 | 2.9x |
| 61 | Middleburg Heights | 95 | 15,918 | $74,109 | $246,379 | 3.3x |
| 62 | University Heights | 95 | 13,649 | $91,960 | $241,309 | 2.6x |
| 63 | Tipp City | 95 | 10,266 | $74,178 | $304,173 | 4.1x |
| 64 | Sunbury | 95 | 6,933 | $92,115 | $430,380 | 4.7x |
| 65 | Lebanon | 94 | 20,999 | $75,665 | $352,816 | 4.7x |
| 66 | Forest Park | 94 | 20,005 | $63,690 | $214,553 | 3.4x |
| 67 | Pataskala | 94 | 17,843 | $87,246 | $351,075 | 4.0x |
| 68 | Streetsboro | 94 | 17,378 | $77,199 | $245,221 | 3.2x |
| 69 | Lyndhurst | 94 | 13,952 | $84,697 | $205,250 | 2.4x |
| 70 | Harrison | 94 | 13,086 | $99,871 | $283,228 | 2.8x |
| 71 | Olmsted Falls | 94 | 8,670 | $92,416 | $255,597 | 2.8x |
| 72 | Carlisle | 94 | 5,488 | $69,513 | $252,799 | 3.6x |
| 73 | Deer Park | 94 | 5,399 | $77,710 | $237,309 | 3.1x |
| 74 | Grove City | 93 | 41,423 | $84,765 | $300,301 | 3.5x |
| 75 | Reynoldsburg | 93 | 40,926 | $68,778 | $274,217 | 4.0x |
| 76 | Brunswick | 93 | 35,304 | $81,780 | $276,607 | 3.4x |
| 77 | Bowling Green | 93 | 30,157 | $41,346 | $238,887 | 5.8x |
| 78 | Marysville | 93 | 25,806 | $89,104 | $339,984 | 3.8x |
| 79 | Willoughby | 93 | 23,823 | $70,807 | $211,748 | 3.0x |
| 80 | Athens | 93 | 22,698 | $34,493 | $213,875 | 6.2x |
| 81 | Norwood | 93 | 19,018 | $58,095 | $224,578 | 3.9x |
| 82 | Fairview Park | 93 | 17,137 | $76,027 | $245,455 | 3.2x |
| 83 | Clayton | 93 | 13,292 | $89,282 | $220,284 | 2.5x |
| 84 | Reading | 93 | 10,527 | $59,966 | $213,295 | 3.6x |
| 85 | Delaware | 92 | 41,926 | $86,387 | $362,453 | 4.2x |
| 86 | Green | 92 | 27,333 | $90,419 | $281,652 | 3.1x |
| 87 | Mayfield Heights | 92 | 20,127 | $59,423 | $203,610 | 3.4x |
| 88 | Tallmadge | 92 | 18,411 | $85,394 | $250,321 | 2.9x |
| 89 | North Canton | 92 | 17,773 | $69,132 | $250,648 | 3.6x |
| 90 | New Franklin | 92 | 13,874 | $87,032 | $227,011 | 2.6x |
| 91 | Maumee | 92 | 13,824 | $79,203 | $252,977 | 3.2x |
| 92 | Englewood | 92 | 13,433 | $67,769 | $209,411 | 3.1x |
| 93 | Amherst | 92 | 12,740 | $86,250 | $243,260 | 2.8x |
| 94 | Springdale | 92 | 10,991 | $70,405 | $219,897 | 3.1x |
| 95 | Vermilion | 92 | 10,459 | $73,458 | $230,715 | 3.1x |
| 96 | Canfield | 92 | 7,662 | $100,219 | $291,685 | 2.9x |
| 97 | Rossford | 92 | 6,314 | $74,886 | $176,039 | 2.4x |
| 98 | Germantown | 92 | 5,784 | $86,524 | $234,846 | 2.7x |
| 99 | Chardon | 92 | 5,248 | $86,480 | $331,732 | 3.8x |
| 100 | Munroe Falls | 92 | 5,034 | $67,601 | $242,177 | 3.6x |