Medina, OH Cost Of Living
Cost Of Living In Medina, OH Summary
Cost of living in Medina 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 Medina 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 Medina is 97, with 100 being the average.
The cost of living index in Medina is 1.0x lower than the national average.
Medina ranks as the #219 cheapest in Ohio out of 286.
Medina ranks as the #2,747 cheapest out of 6,412 in the US.
The median home value in Medina is $188,100.
The median income in Medina is $72,688.
Table Of Contents
Medina's Overall Cost Of Living
Lower Than The National Average
What is the cost of living in Medina, OH?
According to the most recent data on the cost of living, Medina has an overall cost of living index of 97, which is 1.0x lower than the national index of 100.
Compared to Ohio, Medina has a cost of living index that's 1.1x higher than Ohio's index of 91.
The standard of living in Medina ranks as #219 most affordable out of the 286 places we measured in Ohio. By definition, that implies Medina ranks as the #67 most expensive place in the Buckeye State.
For more reading on life in Medina, check out:
- Living In Medina
- Medina Crime Report
- Search Homes For Sale In Medina, OH
In Ohio
In America
Medina Cost Of Living Vs. Ohio
Six factors go into calculating the cost of living index in Medina. Here is how it fairs on each of the criteria:
The Services index in Medina is 102.
The Groceries index in Medina is 105.
The Health index in Medina is 103.
The Housing index in Medina is 86.
The Transportation index in Medina is 95.
The Utilities index in Medina is 103.
| Living Expense | Medina | Ohio | National Average | |
|---|---|---|---|---|
| Overall | 97 | 91 | 100 | |
| Services | 102 | 98 | 100 | |
| Groceries | 105 | 101 | 100 | |
| Health | 103 | 95 | 100 | |
| Housing | 86 | 73 | 100 | |
| Transportation | 95 | 98 | 100 | |
| Utilities | 103 | 93 | 100 | |
Medina, 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 Medina is $188,100.
The Median Rent in Medina is $903.
The Median Income in Medina is $72,688.
The Home Value To Income in Medina is 2.6x.
The Rent To Monthly Income in Medina is 0.15x.
| Statistic | Medina | Ohio | United States |
|---|---|---|---|
| Median Home Value | $188,100 | $159,900 | $244,900 |
| Median Rent | $903 | $870 | $1,163 |
| Median Income | $72,688 | $61,938 | $69,021 |
| Home Value To Income | 2.6x | 2.6x | 3.5x |
| Rent To Monthly Income | 0.15x | 0.17x | 0.2x |
Median Home Value
Median Rent
Median Income
Medina, OH Costs By Category
Detailed Medina Services Costs Vs. Ohio
Detailed Medina Groceries Costs Vs. Ohio
Detailed Medina Health Costs Vs. Ohio
Detailed Medina Transportation Costs Vs. Ohio
Detailed Medina Utilities Costs Vs. Ohio
Medina SnackAbility
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Cost Of Living In Cities Around Medina
The cost of living varies in the cities and towns around Medina. Here's a quick look at the cost of living in the most populous nearby places:
Strongsville, OH has a cost of living index of 99, 1.0x Medina.
Brunswick, OH has a cost of living index of 98, 1.0x Medina.
North Ridgeville, OH has a cost of living index of 101, 1.0x Medina.
| City | Population | Cost Of Living | Vs. Medina |
|---|---|---|---|
| Strongsville, OH | 46,187 | 99 | 1.0x |
| Brunswick, OH | 35,272 | 98 | 1.0x |
| North Ridgeville, OH | 34,883 | 101 | 1.0x |
| North Olmsted, OH | 32,371 | 96 | 1.0x |
| North Royalton, OH | 31,150 | 101 | 1.0x |
| Wadsworth, OH | 23,789 | 97 | 1.0x |
| Broadview Heights, OH | 19,820 | 104 | 1.1x |
| New Franklin, OH | 13,913 | 91 | 0.9x |
| Brecksville, OH | 13,607 | 114 | 1.2x |
| Seven Hills, OH | 11,696 | 101 | 1.0x |
