Cost of living in Galion 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 Galion 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 Galion is 80, with 100 being the average.
The cost of living index in Galion is 0.8x lower than the national average.
Galion ranks as the #5 cheapest in Ohio out of 286.
Galion ranks as the #211 cheapest out of 6,412 in the US.
The median home value in Galion is $80,100.
The median income in Galion is $39,923.
According to the most recent data on the cost of living, Galion has an overall cost of living index of 80, which is 0.8x lower than the national index of 100.
Compared to Ohio, Galion has a cost of living index that's 0.9x lower than Ohio's index of 91.
The standard of living in Galion ranks as #5 most affordable out of the 286 places we measured in Ohio. By definition, that implies Galion ranks as the #281 most expensive place in the Buckeye State.
For more reading on life in Galion, check out:
Six factors go into calculating the cost of living index in Galion. Here is how it fairs on each of the criteria:
The Services index in Galion is 90.
The Groceries index in Galion is 101.
The Health index in Galion is 85.
The Housing index in Galion is 45.
The Transportation index in Galion is 93.
The Utilities index in Galion is 94.
Living Expense | Galion | Ohio | National Average | |
---|---|---|---|---|
Overall | 80 | 91 | 100 | |
Services | 90 | 98 | 100 | |
Groceries | 101 | 101 | 100 | |
Health | 85 | 95 | 100 | |
Housing | 45 | 73 | 100 | |
Transportation | 93 | 98 | 100 | |
Utilities | 94 | 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 Galion is $80,100.
The Median Rent in Galion is $711.
The Median Income in Galion is $39,923.
The Home Value To Income in Galion is 2.0x.
The Rent To Monthly Income in Galion is 0.21x.
Statistic | Galion | Ohio | United States |
---|---|---|---|
Median Home Value | $80,100 | $159,900 | $244,900 |
Median Rent | $711 | $870 | $1,163 |
Median Income | $39,923 | $61,938 | $69,021 |
Home Value To Income | 2.0x | 2.6x | 3.5x |
Rent To Monthly Income | 0.21x | 0.17x | 0.2x |
The cost of living varies in the cities and towns around Galion. Here's a quick look at the cost of living in the most populous nearby places:
Mansfield, OH has a cost of living index of 80, 1.0x Galion.
Bucyrus, OH has a cost of living index of 82, 1.0x Galion.
Shelby, OH has a cost of living index of 81, 1.0x Galion.
City | Population | Cost Of Living | Vs. Galion |
---|---|---|---|
Mansfield, OH | 47,437 | 80 | 1.0x |
Bucyrus, OH | 11,690 | 82 | 1.0x |
Shelby, OH | 8,294 | 81 | 1.0x |
Ontario, OH | 6,596 | 87 | 1.1x |