Cost of living in Monfort Heights 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 Monfort Heights 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 Monfort Heights is 98, with 100 being the average.
The cost of living index in Monfort Heights is 1.0x lower than the national average.
Monfort Heights ranks as the #228 cheapest in Ohio out of 286.
Monfort Heights ranks as the #2,890 cheapest out of 6,412 in the US.
The median home value in Monfort Heights is $164,600.
The median income in Monfort Heights is $82,835.
According to the most recent data on the cost of living, Monfort Heights has an overall cost of living index of 98, which is 1.0x lower than the national index of 100.
Compared to Ohio, Monfort Heights has a cost of living index that's 1.1x higher than Ohio's index of 91.
The standard of living in Monfort Heights ranks as #228 most affordable out of the 286 places we measured in Ohio. By definition, that implies Monfort Heights ranks as the #58 most expensive place in the Buckeye State.
For more reading on life in Monfort Heights, check out:
Six factors go into calculating the cost of living index in Monfort Heights. Here is how it fairs on each of the criteria:
The Services index in Monfort Heights is 99.
The Groceries index in Monfort Heights is 96.
The Health index in Monfort Heights is 99.
The Housing index in Monfort Heights is 98.
The Transportation index in Monfort Heights is 105.
The Utilities index in Monfort Heights is 90.
Living Expense | Monfort Heights | Ohio | National Average | |
---|---|---|---|---|
Overall | 98 | 91 | 100 | |
Services | 99 | 98 | 100 | |
Groceries | 96 | 101 | 100 | |
Health | 99 | 95 | 100 | |
Housing | 98 | 73 | 100 | |
Transportation | 105 | 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 Monfort Heights is $164,600.
The Median Rent in Monfort Heights is $872.
The Median Income in Monfort Heights is $82,835.
The Home Value To Income in Monfort Heights is 2.0x.
The Rent To Monthly Income in Monfort Heights is 0.13x.
Statistic | Monfort Heights | Ohio | United States |
---|---|---|---|
Median Home Value | $164,600 | $159,900 | $244,900 |
Median Rent | $872 | $870 | $1,163 |
Median Income | $82,835 | $61,938 | $69,021 |
Home Value To Income | 2.0x | 2.6x | 3.5x |
Rent To Monthly Income | 0.13x | 0.17x | 0.2x |
Item | Monfort Heights | Ohio |
---|---|---|
Shampoo | $0.94 | $1.06 |
Movie | $11.77 | $10.68 |
Bowling | $13.55 | $14.67 |
Haircut | $19.48 | $18.62 |
Beauty Salon | $34.8 | $39.05 |
Item | Monfort Heights | Ohio |
---|---|---|
Ground Beef | $3.71 | $4.22 |
Fried Chicken | $1.25 | $1.39 |
Milk | $1.42 | $2.05 |
Potatoes | $3.87 | $3.29 |
Pizza | $10.12 | $10.62 |
Beer | $8.93 | $9.38 |
Toothpaste | $2.0 | $2.34 |
Item | Monfort Heights | Ohio |
---|---|---|
Optometrist | $96.61 | $108.57 |
Doctor | $109.23 | $116.17 |
Dentist | $105.08 | $99.13 |
Item | Monfort Heights | Ohio |
---|---|---|
Gasoline | $2.29 | $2.22 |
Tire Balancing | $57.11 | $50.07 |
Item | Monfort Heights | Ohio |
---|---|---|
All Electricity | $134.81 | $167.67 |
Phone | $179.1 | $175.64 |
The cost of living varies in the cities and towns around Monfort Heights. Here's a quick look at the cost of living in the most populous nearby places:
White Oak, OH has a cost of living index of 89, 0.9x Monfort Heights.
Bridgetown, OH has a cost of living index of 90, 0.9x Monfort Heights.
Mack, OH has a cost of living index of 104, 1.1x Monfort Heights.
City | Population | Cost Of Living | Vs. Monfort Heights |
---|---|---|---|
White Oak, OH | 19,123 | 89 | 0.9x |
Bridgetown, OH | 13,257 | 90 | 0.9x |
Mack, OH | 11,452 | 104 | 1.1x |
Dent, OH | 11,069 | 96 | 1.0x |
Northbrook, OH | 11,005 | 86 | 0.9x |
Montgomery, OH | 10,796 | 115 | 1.2x |
Forestville, OH | 10,485 | 99 | 1.0x |
North College Hill, OH | 9,605 | 85 | 0.9x |
Madeira, OH | 9,397 | 110 | 1.1x |
Wyoming, OH | 8,691 | 112 | 1.1x |