Euclid, OH Cost Of Living
Cost Of Living In Euclid, OH Summary
Cost of living in Euclid 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 Euclid 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 Euclid is 86, with 100 being the average.
The cost of living index in Euclid is 0.9x lower than the national average.
Euclid ranks as the #69 cheapest in Ohio out of 286.
Euclid ranks as the #938 cheapest out of 6,412 in the US.
The median home value in Euclid is $87,400.
The median income in Euclid is $42,056.
Table Of Contents
Euclid's Overall Cost Of Living
Lower Than The National Average
What is the cost of living in Euclid, OH?
According to the most recent data on the cost of living, Euclid has an overall cost of living index of 86, which is 0.9x lower than the national index of 100.
Compared to Ohio, Euclid has a cost of living index that's 0.9x lower than Ohio's index of 91.
The standard of living in Euclid ranks as #69 most affordable out of the 286 places we measured in Ohio. By definition, that implies Euclid ranks as the #217 most expensive place in the Buckeye State.
For more reading on life in Euclid, check out:
- Living In Euclid
- Euclid Crime Report
- Search Homes For Sale In Euclid, OH
In Ohio
In America
Euclid Cost Of Living Vs. Ohio
Six factors go into calculating the cost of living index in Euclid. Here is how it fairs on each of the criteria:
The Services index in Euclid is 99.
The Groceries index in Euclid is 104.
The Health index in Euclid is 109.
The Housing index in Euclid is 54.
The Transportation index in Euclid is 102.
The Utilities index in Euclid is 96.
| Living Expense | Euclid | Ohio | National Average | |
|---|---|---|---|---|
| Overall | 86 | 91 | 100 | |
| Services | 99 | 98 | 100 | |
| Groceries | 104 | 101 | 100 | |
| Health | 109 | 95 | 100 | |
| Housing | 54 | 73 | 100 | |
| Transportation | 102 | 98 | 100 | |
| Utilities | 96 | 93 | 100 | |
Euclid, 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 Euclid is $87,400.
The Median Rent in Euclid is $859.
The Median Income in Euclid is $42,056.
The Home Value To Income in Euclid is 2.1x.
The Rent To Monthly Income in Euclid is 0.25x.
| Statistic | Euclid | Ohio | United States |
|---|---|---|---|
| Median Home Value | $87,400 | $159,900 | $244,900 |
| Median Rent | $859 | $870 | $1,163 |
| Median Income | $42,056 | $61,938 | $69,021 |
| Home Value To Income | 2.1x | 2.6x | 3.5x |
| Rent To Monthly Income | 0.25x | 0.17x | 0.2x |
Median Home Value
Median Rent
Median Income
Euclid, OH Costs By Category
Detailed Euclid Services Costs Vs. Ohio
Detailed Euclid Groceries Costs Vs. Ohio
Detailed Euclid Health Costs Vs. Ohio
Detailed Euclid Transportation Costs Vs. Ohio
Detailed Euclid Utilities Costs Vs. Ohio
Euclid SnackAbility
/10
Cost Of Living In Cities Around Euclid
The cost of living varies in the cities and towns around Euclid. Here's a quick look at the cost of living in the most populous nearby places:
Shaker Heights, OH has a cost of living index of 103, 1.2x Euclid.
Solon, OH has a cost of living index of 114, 1.3x Euclid.
South Euclid, OH has a cost of living index of 92, 1.1x Euclid.
| City | Population | Cost Of Living | Vs. Euclid |
|---|---|---|---|
| Shaker Heights, OH | 29,197 | 103 | 1.2x |
| Solon, OH | 24,070 | 114 | 1.3x |
| South Euclid, OH | 21,882 | 92 | 1.1x |
| Rocky River, OH | 21,515 | 102 | 1.2x |
| Twinsburg, OH | 19,220 | 103 | 1.2x |
| East Cleveland, OH | 14,212 | 84 | 1.0x |
| Willowick, OH | 14,173 | 90 | 1.0x |
| Lyndhurst, OH | 13,980 | 95 | 1.1x |
| Wickliffe, OH | 12,688 | 93 | 1.1x |
| Macedonia, OH | 12,083 | 103 | 1.2x |
