Hudson, OH Cost Of Living
Cost Of Living In Hudson, OH Summary
Cost of living in Hudson 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 Hudson 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 Hudson is 124, with 100 being the average.
The cost of living index in Hudson is 1.2x higher than the national average.
Hudson ranks as the #283 cheapest in Ohio out of 286.
Hudson ranks as the #4,999 cheapest out of 6,412 in the US.
The median home value in Hudson is $370,900.
The median income in Hudson is $143,143.
Table Of Contents
Hudson's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Hudson, OH?
According to the most recent data on the cost of living, Hudson has an overall cost of living index of 124, which is 1.2x higher than the national index of 100.
Compared to Ohio, Hudson has a cost of living index that's 1.4x higher than Ohio's index of 91.
The standard of living in Hudson ranks as #283 most affordable out of the 286 places we measured in Ohio. By definition, that implies Hudson ranks as the #3 most expensive place in the Buckeye State.
For more reading on life in Hudson, check out:
- Living In Hudson
- Hudson Crime Report
- Search Homes For Sale In Hudson, OH
In Ohio
In America
Hudson Cost Of Living Vs. Ohio
Six factors go into calculating the cost of living index in Hudson. Here is how it fairs on each of the criteria:
The Services index in Hudson is 99.
The Groceries index in Hudson is 101.
The Health index in Hudson is 100.
The Housing index in Hudson is 175.
The Transportation index in Hudson is 94.
The Utilities index in Hudson is 102.
| Living Expense | Hudson | Ohio | National Average | |
|---|---|---|---|---|
| Overall | 124 | 91 | 100 | |
| Services | 99 | 98 | 100 | |
| Groceries | 101 | 101 | 100 | |
| Health | 100 | 95 | 100 | |
| Housing | 175 | 73 | 100 | |
| Transportation | 94 | 98 | 100 | |
| Utilities | 102 | 93 | 100 | |
Hudson, 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 Hudson is $370,900.
The Median Rent in Hudson is $2,149.
The Median Income in Hudson is $143,143.
The Home Value To Income in Hudson is 2.6x.
The Rent To Monthly Income in Hudson is 0.18x.
| Statistic | Hudson | Ohio | United States |
|---|---|---|---|
| Median Home Value | $370,900 | $159,900 | $244,900 |
| Median Rent | $2,149 | $870 | $1,163 |
| Median Income | $143,143 | $61,938 | $69,021 |
| Home Value To Income | 2.6x | 2.6x | 3.5x |
| Rent To Monthly Income | 0.18x | 0.17x | 0.2x |
Median Home Value
Median Rent
Median Income
Hudson, OH Costs By Category
Detailed Hudson Services Costs Vs. Ohio
Detailed Hudson Groceries Costs Vs. Ohio
Detailed Hudson Health Costs Vs. Ohio
Detailed Hudson Transportation Costs Vs. Ohio
Detailed Hudson Utilities Costs Vs. Ohio
Hudson SnackAbility
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Cost Of Living In Cities Around Hudson
The cost of living varies in the cities and towns around Hudson. Here's a quick look at the cost of living in the most populous nearby places:
Stow, OH has a cost of living index of 99, 0.8x Hudson.
Shaker Heights, OH has a cost of living index of 103, 0.8x Hudson.
Solon, OH has a cost of living index of 114, 0.9x Hudson.
| City | Population | Cost Of Living | Vs. Hudson |
|---|---|---|---|
| Stow, OH | 34,556 | 99 | 0.8x |
| Shaker Heights, OH | 29,197 | 103 | 0.8x |
| Solon, OH | 24,070 | 114 | 0.9x |
| Broadview Heights, OH | 19,820 | 104 | 0.8x |
| Twinsburg, OH | 19,220 | 103 | 0.8x |
| Streetsboro, OH | 17,282 | 95 | 0.8x |
| Macedonia, OH | 12,083 | 103 | 0.8x |
| Seven Hills, OH | 11,696 | 101 | 0.8x |
| Pepper Pike, OH | 6,743 | 131 | 1.1x |
| Munroe Falls, OH | 5,051 | 92 | 0.7x |
