London, OH Cost Of Living
Cost Of Living In London, OH Summary
Cost of living in London 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 London 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 London is 86, with 100 being the average.
The cost of living index in London is 0.9x lower than the national average.
London ranks as the #69 cheapest in Ohio out of 286.
London ranks as the #938 cheapest out of 6,412 in the US.
The median home value in London is $154,400.
The median income in London is $58,606.
Table Of Contents
London's Overall Cost Of Living
Lower Than The National Average
What is the cost of living in London, OH?
According to the most recent data on the cost of living, London has an overall cost of living index of 86, which is 0.9x lower than the national index of 100.
Compared to Ohio, London has a cost of living index that's 0.9x lower than Ohio's index of 91.
The standard of living in London ranks as #69 most affordable out of the 286 places we measured in Ohio. By definition, that implies London ranks as the #217 most expensive place in the Buckeye State.
For more reading on life in London, check out:
- Living In London
- London Crime Report
- Search Homes For Sale In London, OH
In Ohio
In America
London Cost Of Living Vs. Ohio
Six factors go into calculating the cost of living index in London. Here is how it fairs on each of the criteria:
The Services index in London is 93.
The Groceries index in London is 97.
The Health index in London is 95.
The Housing index in London is 73.
The Transportation index in London is 103.
The Utilities index in London is 84.
| Living Expense | London | Ohio | National Average | |
|---|---|---|---|---|
| Overall | 86 | 91 | 100 | |
| Services | 93 | 98 | 100 | |
| Groceries | 97 | 101 | 100 | |
| Health | 95 | 95 | 100 | |
| Housing | 73 | 73 | 100 | |
| Transportation | 103 | 98 | 100 | |
| Utilities | 84 | 93 | 100 | |
London, 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 London is $154,400.
The Median Rent in London is $812.
The Median Income in London is $58,606.
The Home Value To Income in London is 2.6x.
The Rent To Monthly Income in London is 0.17x.
| Statistic | London | Ohio | United States |
|---|---|---|---|
| Median Home Value | $154,400 | $159,900 | $244,900 |
| Median Rent | $812 | $870 | $1,163 |
| Median Income | $58,606 | $61,938 | $69,021 |
| Home Value To Income | 2.6x | 2.6x | 3.5x |
| Rent To Monthly Income | 0.17x | 0.17x | 0.2x |
Median Home Value
Median Rent
Median Income
London, OH Costs By Category
Detailed London Services Costs Vs. Ohio
Detailed London Groceries Costs Vs. Ohio
Detailed London Health Costs Vs. Ohio
Detailed London Transportation Costs Vs. Ohio
Detailed London Utilities Costs Vs. Ohio
London SnackAbility
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Cost Of Living In Cities Around London
The cost of living varies in the cities and towns around London. Here's a quick look at the cost of living in the most populous nearby places:
Dublin, OH has a cost of living index of 120, 1.4x London.
Westerville, OH has a cost of living index of 98, 1.1x London.
Upper Arlington, OH has a cost of living index of 117, 1.4x London.
| City | Population | Cost Of Living | Vs. London |
|---|---|---|---|
| Dublin, OH | 48,613 | 120 | 1.4x |
| Westerville, OH | 38,960 | 98 | 1.1x |
| Upper Arlington, OH | 36,566 | 117 | 1.4x |
| Gahanna, OH | 35,626 | 98 | 1.1x |
| Hilliard, OH | 35,530 | 98 | 1.1x |
| Worthington, OH | 15,047 | 104 | 1.2x |
| Powell, OH | 13,879 | 120 | 1.4x |
| Bexley, OH | 13,820 | 109 | 1.3x |
| New Albany, OH | 10,962 | 138 | 1.6x |
| Grandview Heights, OH | 8,099 | 110 | 1.3x |
