Cost of living in Kenwood 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 Kenwood 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 Kenwood is 114, with 100 being the average.
The cost of living index in Kenwood is 1.1x higher than the national average.
Kenwood ranks as the #274 cheapest in Ohio out of 286.
Kenwood ranks as the #4,427 cheapest out of 6,412 in the US.
The median home value in Kenwood is $252,000.
The median income in Kenwood is $95,590.
According to the most recent data on the cost of living, Kenwood has an overall cost of living index of 114, which is 1.1x higher than the national index of 100.
Compared to Ohio, Kenwood has a cost of living index that's 1.3x higher than Ohio's index of 91.
The standard of living in Kenwood ranks as #274 most affordable out of the 286 places we measured in Ohio. By definition, that implies Kenwood ranks as the #12 most expensive place in the Buckeye State.
For more reading on life in Kenwood, check out:
Six factors go into calculating the cost of living index in Kenwood. Here is how it fairs on each of the criteria:
The Services index in Kenwood is 99.
The Groceries index in Kenwood is 94.
The Health index in Kenwood is 99.
The Housing index in Kenwood is 146.
The Transportation index in Kenwood is 106.
The Utilities index in Kenwood is 89.
Living Expense | Kenwood | Ohio | National Average | |
---|---|---|---|---|
Overall | 114 | 91 | 100 | |
Services | 99 | 98 | 100 | |
Groceries | 94 | 101 | 100 | |
Health | 99 | 95 | 100 | |
Housing | 146 | 73 | 100 | |
Transportation | 106 | 98 | 100 | |
Utilities | 89 | 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 Kenwood is $252,000.
The Median Rent in Kenwood is $1,704.
The Median Income in Kenwood is $95,590.
The Home Value To Income in Kenwood is 2.6x.
The Rent To Monthly Income in Kenwood is 0.21x.
Statistic | Kenwood | Ohio | United States |
---|---|---|---|
Median Home Value | $252,000 | $159,900 | $244,900 |
Median Rent | $1,704 | $870 | $1,163 |
Median Income | $95,590 | $61,938 | $69,021 |
Home Value To Income | 2.6x | 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 Kenwood. Here's a quick look at the cost of living in the most populous nearby places:
Mason, OH has a cost of living index of 104, 0.9x Kenwood.
Blue Ash, OH has a cost of living index of 103, 0.9x Kenwood.
Monfort Heights, OH has a cost of living index of 98, 0.9x Kenwood.
City | Population | Cost Of Living | Vs. Kenwood |
---|---|---|---|
Mason, OH | 34,337 | 104 | 0.9x |
Blue Ash, OH | 13,229 | 103 | 0.9x |
Monfort Heights, OH | 13,221 | 98 | 0.9x |
Mack, OH | 11,452 | 104 | 0.9x |
Montgomery, OH | 10,796 | 115 | 1.0x |
Reading, OH | 10,525 | 87 | 0.8x |
Forestville, OH | 10,485 | 99 | 0.9x |
Madeira, OH | 9,397 | 110 | 1.0x |
Wyoming, OH | 8,691 | 112 | 1.0x |
Dry Run, OH | 7,457 | 120 | 1.1x |