Cost of living in Aurora 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 Aurora 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 Aurora is 111, with 100 being the average.
The cost of living index in Aurora is 1.1x higher than the national average.
Aurora ranks as the #268 cheapest in Ohio out of 286.
Aurora ranks as the #4,219 cheapest out of 6,412 in the US.
The median home value in Aurora is $312,000.
The median income in Aurora is $122,893.
According to the most recent data on the cost of living, Aurora has an overall cost of living index of 111, which is 1.1x higher than the national index of 100.
Compared to Ohio, Aurora has a cost of living index that's 1.2x higher than Ohio's index of 91.
The standard of living in Aurora ranks as #268 most affordable out of the 286 places we measured in Ohio. By definition, that implies Aurora ranks as the #18 most expensive place in the Buckeye State.
For more reading on life in Aurora, check out:
Six factors go into calculating the cost of living index in Aurora. Here is how it fairs on each of the criteria:
The Services index in Aurora is 100.
The Groceries index in Aurora is 101.
The Health index in Aurora is 103.
The Housing index in Aurora is 139.
The Transportation index in Aurora is 94.
The Utilities index in Aurora is 102.
Living Expense | Aurora | Ohio | National Average | |
---|---|---|---|---|
Overall | 111 | 91 | 100 | |
Services | 100 | 98 | 100 | |
Groceries | 101 | 101 | 100 | |
Health | 103 | 95 | 100 | |
Housing | 139 | 73 | 100 | |
Transportation | 94 | 98 | 100 | |
Utilities | 102 | 93 | 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 2017-2021. The key points are:
The Median Home Value in Aurora is $312,000.
The Median Rent in Aurora is $1,495.
The Median Income in Aurora is $122,893.
The Home Value To Income in Aurora is 2.5x.
The Rent To Monthly Income in Aurora is 0.15x.
Statistic | Aurora | Ohio | United States |
---|---|---|---|
Median Home Value | $312,000 | $159,900 | $244,900 |
Median Rent | $1,495 | $870 | $1,163 |
Median Income | $122,893 | $61,938 | $69,021 |
Home Value To Income | 2.5x | 2.6x | 3.5x |
Rent To Monthly Income | 0.15x | 0.17x | 0.2x |
The cost of living varies in the cities and towns around Aurora. 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, 0.9x Aurora.
Shaker Heights, OH has a cost of living index of 103, 0.9x Aurora.
Solon, OH has a cost of living index of 114, 1.0x Aurora.
City | Population | Cost Of Living | Vs. Aurora |
---|---|---|---|
Stow, OH | 34,556 | 99 | 0.9x |
Shaker Heights, OH | 29,197 | 103 | 0.9x |
Solon, OH | 24,070 | 114 | 1.0x |
Hudson, OH | 23,001 | 124 | 1.1x |
Broadview Heights, OH | 19,820 | 104 | 0.9x |
Twinsburg, OH | 19,220 | 103 | 0.9x |
Streetsboro, OH | 17,282 | 95 | 0.9x |
Macedonia, OH | 12,083 | 103 | 0.9x |
Seven Hills, OH | 11,696 | 101 | 0.9x |
Highland Heights, OH | 8,658 | 110 | 1.0x |