Chardon, OH Cost Of Living
Cost Of Living In Chardon, OH Summary
Cost of living in Chardon 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 Chardon 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 Chardon is 97, with 100 being the average.
The cost of living index in Chardon is 1.0x lower than the national average.
Chardon ranks as the #219 cheapest in Ohio out of 286.
Chardon ranks as the #2,747 cheapest out of 6,412 in the US.
The median home value in Chardon is $218,200.
The median income in Chardon is $79,737.
Table Of Contents
Chardon's Overall Cost Of Living
Lower Than The National Average
What is the cost of living in Chardon, OH?
According to the most recent data on the cost of living, Chardon has an overall cost of living index of 97, which is 1.0x lower than the national index of 100.
Compared to Ohio, Chardon has a cost of living index that's 1.1x higher than Ohio's index of 91.
The standard of living in Chardon ranks as #219 most affordable out of the 286 places we measured in Ohio. By definition, that implies Chardon ranks as the #67 most expensive place in the Buckeye State.
For more reading on life in Chardon, check out:
- Living In Chardon
- Chardon Crime Report
- Search Homes For Sale In Chardon, OH
In Ohio
In America
Chardon Cost Of Living Vs. Ohio
Six factors go into calculating the cost of living index in Chardon. Here is how it fairs on each of the criteria:
The Services index in Chardon is 101.
The Groceries index in Chardon is 105.
The Health index in Chardon is 110.
The Housing index in Chardon is 88.
The Transportation index in Chardon is 102.
The Utilities index in Chardon is 94.
| Living Expense | Chardon | Ohio | National Average | |
|---|---|---|---|---|
| Overall | 97 | 91 | 100 | |
| Services | 101 | 98 | 100 | |
| Groceries | 105 | 101 | 100 | |
| Health | 110 | 95 | 100 | |
| Housing | 88 | 73 | 100 | |
| Transportation | 102 | 98 | 100 | |
| Utilities | 94 | 93 | 100 | |
Chardon, OH Housing Cost Breakdown
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 Chardon is $218,200.
The Median Rent in Chardon is $913.
The Median Income in Chardon is $79,737.
The Home Value To Income in Chardon is 2.7x.
The Rent To Monthly Income in Chardon is 0.14x.
| Statistic | Chardon | Ohio | United States |
|---|---|---|---|
| Median Home Value | $218,200 | $159,900 | $244,900 |
| Median Rent | $913 | $870 | $1,163 |
| Median Income | $79,737 | $61,938 | $69,021 |
| Home Value To Income | 2.7x | 2.6x | 3.5x |
| Rent To Monthly Income | 0.14x | 0.17x | 0.2x |
Median Home Value
Median Rent
Median Income
Chardon, OH Costs By Category
Detailed Chardon Services Costs Vs. Ohio
Detailed Chardon Groceries Costs Vs. Ohio
Detailed Chardon Health Costs Vs. Ohio
Detailed Chardon Transportation Costs Vs. Ohio
Detailed Chardon Utilities Costs Vs. Ohio
Chardon SnackAbility
/10
Cost Of Living In Cities Around Chardon
The cost of living varies in the cities and towns around Chardon. Here's a quick look at the cost of living in the most populous nearby places:
Mentor, OH has a cost of living index of 98, 1.0x Chardon.
Cleveland Heights, OH has a cost of living index of 92, 0.9x Chardon.
Shaker Heights, OH has a cost of living index of 103, 1.1x Chardon.
| City | Population | Cost Of Living | Vs. Chardon |
|---|---|---|---|
| Mentor, OH | 47,369 | 98 | 1.0x |
| Cleveland Heights, OH | 45,267 | 92 | 0.9x |
| Shaker Heights, OH | 29,197 | 103 | 1.1x |
| Solon, OH | 24,070 | 114 | 1.2x |
| Painesville, OH | 20,311 | 91 | 0.9x |
| Mayfield Heights, OH | 20,113 | 95 | 1.0x |
| Lyndhurst, OH | 13,980 | 95 | 1.0x |
| University Heights, OH | 13,950 | 96 | 1.0x |
| Beachwood, OH | 13,806 | 116 | 1.2x |
| Highland Heights, OH | 8,658 | 110 | 1.1x |
