Cost of living in Fairview Park 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 Fairview Park 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 Fairview Park is 96, with 100 being the average.
The cost of living index in Fairview Park is 1.0x lower than the national average.
Fairview Park ranks as the #210 cheapest in Ohio out of 286.
Fairview Park ranks as the #2,601 cheapest out of 6,412 in the US.
The median home value in Fairview Park is $183,400.
The median income in Fairview Park is $70,451.
According to the most recent data on the cost of living, Fairview Park has an overall cost of living index of 96, which is 1.0x lower than the national index of 100.
Compared to Ohio, Fairview Park has a cost of living index that's 1.1x higher than Ohio's index of 91.
The standard of living in Fairview Park ranks as #210 most affordable out of the 286 places we measured in Ohio. By definition, that implies Fairview Park ranks as the #76 most expensive place in the Buckeye State.
For more reading on life in Fairview Park, check out:
Six factors go into calculating the cost of living index in Fairview Park. Here is how it fairs on each of the criteria:
The Services index in Fairview Park is 102.
The Groceries index in Fairview Park is 105.
The Health index in Fairview Park is 110.
The Housing index in Fairview Park is 77.
The Transportation index in Fairview Park is 100.
The Utilities index in Fairview Park is 93.
Living Expense | Fairview Park | Ohio | National Average | |
---|---|---|---|---|
Overall | 96 | 91 | 100 | |
Services | 102 | 98 | 100 | |
Groceries | 105 | 101 | 100 | |
Health | 110 | 95 | 100 | |
Housing | 77 | 73 | 100 | |
Transportation | 100 | 98 | 100 | |
Utilities | 93 | 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 Fairview Park is $183,400.
The Median Rent in Fairview Park is $869.
The Median Income in Fairview Park is $70,451.
The Home Value To Income in Fairview Park is 2.6x.
The Rent To Monthly Income in Fairview Park is 0.15x.
Statistic | Fairview Park | Ohio | United States |
---|---|---|---|
Median Home Value | $183,400 | $159,900 | $244,900 |
Median Rent | $869 | $870 | $1,163 |
Median Income | $70,451 | $61,938 | $69,021 |
Home Value To Income | 2.6x | 2.6x | 3.5x |
Rent To Monthly Income | 0.15x | 0.17x | 0.2x |
Item | Fairview Park | Ohio |
---|---|---|
Shampoo | $1.08 | $1.06 |
Movie | $11.87 | $10.68 |
Bowling | $16.87 | $14.67 |
Haircut | $18.34 | $18.62 |
Beauty Salon | $31.4 | $39.05 |
Item | Fairview Park | Ohio |
---|---|---|
Ground Beef | $5.31 | $4.22 |
Fried Chicken | $1.83 | $1.39 |
Milk | $1.55 | $2.05 |
Potatoes | $3.19 | $3.29 |
Pizza | $11.49 | $10.62 |
Beer | $9.17 | $9.38 |
Toothpaste | $2.65 | $2.34 |
Item | Fairview Park | Ohio |
---|---|---|
Optometrist | $86.0 | $108.57 |
Doctor | $121.47 | $116.17 |
Dentist | $119.67 | $99.13 |
Item | Fairview Park | Ohio |
---|---|---|
Gasoline | $2.25 | $2.22 |
Tire Balancing | $47.56 | $50.07 |
Item | Fairview Park | Ohio |
---|---|---|
All Electricity | $154.37 | $167.67 |
Phone | $180.6 | $175.64 |
The cost of living varies in the cities and towns around Fairview Park. Here's a quick look at the cost of living in the most populous nearby places:
Lakewood, OH has a cost of living index of 95, 1.0x Fairview Park.
Strongsville, OH has a cost of living index of 99, 1.0x Fairview Park.
North Ridgeville, OH has a cost of living index of 101, 1.1x Fairview Park.
City | Population | Cost Of Living | Vs. Fairview Park |
---|---|---|---|
Lakewood, OH | 50,841 | 95 | 1.0x |
Strongsville, OH | 46,187 | 99 | 1.0x |
North Ridgeville, OH | 34,883 | 101 | 1.1x |
Westlake, OH | 34,049 | 109 | 1.1x |
North Olmsted, OH | 32,371 | 96 | 1.0x |
Shaker Heights, OH | 29,197 | 103 | 1.1x |
Avon Lake, OH | 25,005 | 108 | 1.1x |
Rocky River, OH | 21,515 | 102 | 1.1x |
Broadview Heights, OH | 19,820 | 104 | 1.1x |
Berea, OH | 18,724 | 94 | 1.0x |