Cost of living in Mason 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 Mason 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 Mason is 104, with 100 being the average.
The cost of living index in Mason is 1.0x higher than the national average.
Mason ranks as the #254 cheapest in Ohio out of 286.
Mason ranks as the #3,585 cheapest out of 6,412 in the US.
The median home value in Mason is $320,800.
The median income in Mason is $110,833.
According to the most recent data on the cost of living, Mason has an overall cost of living index of 104, which is 1.0x higher than the national index of 100.
Compared to Ohio, Mason has a cost of living index that's 1.1x higher than Ohio's index of 91.
The standard of living in Mason ranks as #254 most affordable out of the 286 places we measured in Ohio. By definition, that implies Mason ranks as the #32 most expensive place in the Buckeye State.
For more reading on life in Mason, check out:
Six factors go into calculating the cost of living index in Mason. Here is how it fairs on each of the criteria:
The Services index in Mason is 99.
The Groceries index in Mason is 96.
The Health index in Mason is 101.
The Housing index in Mason is 122.
The Transportation index in Mason is 109.
The Utilities index in Mason is 90.
Living Expense | Mason | Ohio | National Average | |
---|---|---|---|---|
Overall | 104 | 91 | 100 | |
Services | 99 | 98 | 100 | |
Groceries | 96 | 101 | 100 | |
Health | 101 | 95 | 100 | |
Housing | 122 | 73 | 100 | |
Transportation | 109 | 98 | 100 | |
Utilities | 90 | 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 Mason is $320,800.
The Median Rent in Mason is $1,544.
The Median Income in Mason is $110,833.
The Home Value To Income in Mason is 2.9x.
The Rent To Monthly Income in Mason is 0.17x.
Statistic | Mason | Ohio | United States |
---|---|---|---|
Median Home Value | $320,800 | $159,900 | $244,900 |
Median Rent | $1,544 | $870 | $1,163 |
Median Income | $110,833 | $61,938 | $69,021 |
Home Value To Income | 2.9x | 2.6x | 3.5x |
Rent To Monthly Income | 0.17x | 0.17x | 0.2x |
The cost of living varies in the cities and towns around Mason. Here's a quick look at the cost of living in the most populous nearby places:
Kearney, NE has a cost of living index of 90, 0.9x Mason.
Lexington, NE has a cost of living index of 81, 0.8x Mason.
City | Population | Cost Of Living | Vs. Mason |
---|---|---|---|
Kearney, NE | 33,558 | 90 | 0.9x |
Lexington, NE | 10,325 | 81 | 0.8x |