Lincoln Village, OH Cost Of Living
Cost Of Living In Lincoln Village, OH Summary
Cost of living in Lincoln Village 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 Lincoln Village 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 Lincoln Village is 84, with 100 being the average.
The cost of living index in Lincoln Village is 0.8x lower than the national average.
Lincoln Village ranks as the #40 cheapest in Ohio out of 286.
Lincoln Village ranks as the #629 cheapest out of 6,412 in the US.
The median home value in Lincoln Village is $125,200.
The median income in Lincoln Village is $51,100.
Table Of Contents
Lincoln Village's Overall Cost Of Living
Lower Than The National Average
What is the cost of living in Lincoln Village, OH?
According to the most recent data on the cost of living, Lincoln Village has an overall cost of living index of 84, which is 0.8x lower than the national index of 100.
Compared to Ohio, Lincoln Village has a cost of living index that's 0.9x lower than Ohio's index of 91.
The standard of living in Lincoln Village ranks as #40 most affordable out of the 286 places we measured in Ohio. By definition, that implies Lincoln Village ranks as the #246 most expensive place in the Buckeye State.
For more reading on life in Lincoln Village, check out:
- Living In Lincoln Village
- Search Homes For Sale In Lincoln Village, OH
In Ohio
In America
Lincoln Village Cost Of Living Vs. Ohio
Six factors go into calculating the cost of living index in Lincoln Village. Here is how it fairs on each of the criteria:
The Services index in Lincoln Village is 95.
The Groceries index in Lincoln Village is 100.
The Health index in Lincoln Village is 92.
The Housing index in Lincoln Village is 61.
The Transportation index in Lincoln Village is 101.
The Utilities index in Lincoln Village is 85.
| Living Expense | Lincoln Village | Ohio | National Average | |
|---|---|---|---|---|
| Overall | 84 | 91 | 100 | |
| Services | 95 | 98 | 100 | |
| Groceries | 100 | 101 | 100 | |
| Health | 92 | 95 | 100 | |
| Housing | 61 | 73 | 100 | |
| Transportation | 101 | 98 | 100 | |
| Utilities | 85 | 93 | 100 | |
Lincoln Village, 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 Lincoln Village is $125,200.
The Median Rent in Lincoln Village is $884.
The Median Income in Lincoln Village is $51,100.
The Home Value To Income in Lincoln Village is 2.5x.
The Rent To Monthly Income in Lincoln Village is 0.21x.
| Statistic | Lincoln Village | Ohio | United States |
|---|---|---|---|
| Median Home Value | $125,200 | $159,900 | $244,900 |
| Median Rent | $884 | $870 | $1,163 |
| Median Income | $51,100 | $61,938 | $69,021 |
| Home Value To Income | 2.5x | 2.6x | 3.5x |
| Rent To Monthly Income | 0.21x | 0.17x | 0.2x |
Median Home Value
Median Rent
Median Income
Lincoln Village, OH Costs By Category
Detailed Lincoln Village Services Costs Vs. Ohio
| Item | Lincoln Village | Ohio |
|---|---|---|
| Shampoo | $0.99 | $1.06 |
| Movie | $11.0 | $10.68 |
| Bowling | $17.67 | $14.67 |
| Haircut | $14.45 | $18.62 |
| Beauty Salon | $39.83 | $39.05 |
Detailed Lincoln Village Groceries Costs Vs. Ohio
| Item | Lincoln Village | Ohio |
|---|---|---|
| Ground Beef | $4.32 | $4.22 |
| Fried Chicken | $1.16 | $1.39 |
| Milk | $1.58 | $2.05 |
| Potatoes | $2.57 | $3.29 |
| Pizza | $10.24 | $10.62 |
| Beer | $9.2 | $9.38 |
| Toothpaste | $1.68 | $2.34 |
Detailed Lincoln Village Health Costs Vs. Ohio
| Item | Lincoln Village | Ohio |
|---|---|---|
| Optometrist | $59.28 | $108.57 |
| Doctor | $130.99 | $116.17 |
| Dentist | $84.54 | $99.13 |
Detailed Lincoln Village Transportation Costs Vs. Ohio
| Item | Lincoln Village | Ohio |
|---|---|---|
| Gasoline | $2.38 | $2.22 |
| Tire Balancing | $42.38 | $50.07 |
Detailed Lincoln Village Utilities Costs Vs. Ohio
| Item | Lincoln Village | Ohio |
|---|---|---|
| All Electricity | $127.64 | $167.67 |
| Phone | $179.85 | $175.64 |
Lincoln Village SnackAbility
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