Granville, OH Cost Of Living
Cost Of Living In Granville, OH Summary
Cost of living in Granville 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 Granville 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 Granville is 111, with 100 being the average.
The cost of living index in Granville is 1.1x higher than the national average.
Granville ranks as the #268 cheapest in Ohio out of 286.
Granville ranks as the #4,219 cheapest out of 6,412 in the US.
The median home value in Granville is $380,700.
The median income in Granville is $135,326.
Table Of Contents
Granville's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Granville, OH?
According to the most recent data on the cost of living, Granville has an overall cost of living index of 111, which is 1.1x higher than the national index of 100.
Compared to Ohio, Granville has a cost of living index that's 1.2x higher than Ohio's index of 91.
The standard of living in Granville ranks as #268 most affordable out of the 286 places we measured in Ohio. By definition, that implies Granville ranks as the #18 most expensive place in the Buckeye State.
For more reading on life in Granville, check out:
- Living In Granville
- Granville Crime Report
- Search Homes For Sale In Granville, OH
In Ohio
In America
Granville Cost Of Living Vs. Ohio
Six factors go into calculating the cost of living index in Granville. Here is how it fairs on each of the criteria:
The Services index in Granville is 92.
The Groceries index in Granville is 97.
The Health index in Granville is 95.
The Housing index in Granville is 153.
The Transportation index in Granville is 100.
The Utilities index in Granville is 88.
| Living Expense | Granville | Ohio | National Average | |
|---|---|---|---|---|
| Overall | 111 | 91 | 100 | |
| Services | 92 | 98 | 100 | |
| Groceries | 97 | 101 | 100 | |
| Health | 95 | 95 | 100 | |
| Housing | 153 | 73 | 100 | |
| Transportation | 100 | 98 | 100 | |
| Utilities | 88 | 93 | 100 | |
Granville, 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 Granville is $380,700.
The Median Rent in Granville is $1,007.
The Median Income in Granville is $135,326.
The Home Value To Income in Granville is 2.8x.
The Rent To Monthly Income in Granville is 0.09x.
| Statistic | Granville | Ohio | United States |
|---|---|---|---|
| Median Home Value | $380,700 | $159,900 | $244,900 |
| Median Rent | $1,007 | $870 | $1,163 |
| Median Income | $135,326 | $61,938 | $69,021 |
| Home Value To Income | 2.8x | 2.6x | 3.5x |
| Rent To Monthly Income | 0.09x | 0.17x | 0.2x |
Median Home Value
Median Rent
Median Income
Granville, OH Costs By Category
Detailed Granville Services Costs Vs. Ohio
Detailed Granville Groceries Costs Vs. Ohio
Detailed Granville Health Costs Vs. Ohio
Detailed Granville Transportation Costs Vs. Ohio
Detailed Granville Utilities Costs Vs. Ohio
Granville SnackAbility
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Cost Of Living In Cities Around Granville
The cost of living varies in the cities and towns around Granville. Here's a quick look at the cost of living in the most populous nearby places:
Newark, OH has a cost of living index of 86, 0.8x Granville.
Reynoldsburg, OH has a cost of living index of 90, 0.8x Granville.
Gahanna, OH has a cost of living index of 98, 0.9x Granville.
| City | Population | Cost Of Living | Vs. Granville |
|---|---|---|---|
| Newark, OH | 49,703 | 86 | 0.8x |
| Reynoldsburg, OH | 39,803 | 90 | 0.8x |
| Gahanna, OH | 35,626 | 98 | 0.9x |
| Pickerington, OH | 22,682 | 98 | 0.9x |
| Johnstown, PA | 18,647 | 82 | 0.7x |
| Pataskala, OH | 17,598 | 95 | 0.9x |
| New Albany, OH | 10,962 | 138 | 1.2x |
| Heath, OH | 10,429 | 87 | 0.8x |
