Grafton, OH Cost Of Living
Cost Of Living In Grafton, OH Summary
Cost of living in Grafton 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 Grafton 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 Grafton is 93, with 100 being the average.
The cost of living index in Grafton is 0.9x lower than the national average.
Grafton ranks as the #176 cheapest in Ohio out of 286.
Grafton ranks as the #2,137 cheapest out of 6,412 in the US.
The median home value in Grafton is $156,000.
The median income in Grafton is $72,865.
Table Of Contents
Grafton's Overall Cost Of Living
Lower Than The National Average
What is the cost of living in Grafton, OH?
According to the most recent data on the cost of living, Grafton has an overall cost of living index of 93, which is 0.9x lower than the national index of 100.
Compared to Ohio, Grafton has a cost of living index that's 1.0x higher than Ohio's index of 91.
The standard of living in Grafton ranks as #176 most affordable out of the 286 places we measured in Ohio. By definition, that implies Grafton ranks as the #110 most expensive place in the Buckeye State.
For more reading on life in Grafton, check out:
- Living In Grafton
- Grafton Crime Report
- Search Homes For Sale In Grafton, OH
In Ohio
In America
Grafton Cost Of Living Vs. Ohio
Six factors go into calculating the cost of living index in Grafton. Here is how it fairs on each of the criteria:
The Services index in Grafton is 101.
The Groceries index in Grafton is 104.
The Health index in Grafton is 109.
The Housing index in Grafton is 72.
The Transportation index in Grafton is 98.
The Utilities index in Grafton is 97.
| Living Expense | Grafton | Ohio | National Average | |
|---|---|---|---|---|
| Overall | 93 | 91 | 100 | |
| Services | 101 | 98 | 100 | |
| Groceries | 104 | 101 | 100 | |
| Health | 109 | 95 | 100 | |
| Housing | 72 | 73 | 100 | |
| Transportation | 98 | 98 | 100 | |
| Utilities | 97 | 93 | 100 | |
Grafton, 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 Grafton is $156,000.
The Median Rent in Grafton is $832.
The Median Income in Grafton is $72,865.
The Home Value To Income in Grafton is 2.1x.
The Rent To Monthly Income in Grafton is 0.14x.
| Statistic | Grafton | Ohio | United States |
|---|---|---|---|
| Median Home Value | $156,000 | $159,900 | $244,900 |
| Median Rent | $832 | $870 | $1,163 |
| Median Income | $72,865 | $61,938 | $69,021 |
| Home Value To Income | 2.1x | 2.6x | 3.5x |
| Rent To Monthly Income | 0.14x | 0.17x | 0.2x |
Median Home Value
Median Rent
Median Income
Grafton, OH Costs By Category
Detailed Grafton Services Costs Vs. Ohio
Detailed Grafton Groceries Costs Vs. Ohio
Detailed Grafton Health Costs Vs. Ohio
Detailed Grafton Transportation Costs Vs. Ohio
Detailed Grafton Utilities Costs Vs. Ohio
Grafton SnackAbility
/10
Cost Of Living In Cities Around Grafton
The cost of living varies in the cities and towns around Grafton. Here's a quick look at the cost of living in the most populous nearby places:
Elyria, OH has a cost of living index of 86, 0.9x Grafton.
Strongsville, OH has a cost of living index of 99, 1.1x Grafton.
North Ridgeville, OH has a cost of living index of 101, 1.1x Grafton.
| City | Population | Cost Of Living | Vs. Grafton |
|---|---|---|---|
| Elyria, OH | 52,853 | 86 | 0.9x |
| Strongsville, OH | 46,187 | 99 | 1.1x |
| North Ridgeville, OH | 34,883 | 101 | 1.1x |
| Westlake, OH | 34,049 | 109 | 1.2x |
| North Olmsted, OH | 32,371 | 96 | 1.0x |
| North Royalton, OH | 31,150 | 101 | 1.1x |
| Avon Lake, OH | 25,005 | 108 | 1.2x |
| Rocky River, OH | 21,515 | 102 | 1.1x |
| Broadview Heights, OH | 19,820 | 104 | 1.1x |
| Berea, OH | 18,724 | 94 | 1.0x |
