Cost of living in Mount Vernon 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 Mount Vernon 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 Mount Vernon is 83, with 100 being the average.
The cost of living index in Mount Vernon is 0.8x lower than the national average.
Mount Vernon ranks as the #30 cheapest in Ohio out of 286.
Mount Vernon ranks as the #491 cheapest out of 6,412 in the US.
The median home value in Mount Vernon is $127,200.
The median income in Mount Vernon is $49,139.
According to the most recent data on the cost of living, Mount Vernon has an overall cost of living index of 83, which is 0.8x lower than the national index of 100.
Compared to Ohio, Mount Vernon has a cost of living index that's 0.9x lower than Ohio's index of 91.
The standard of living in Mount Vernon ranks as #30 most affordable out of the 286 places we measured in Ohio. By definition, that implies Mount Vernon ranks as the #256 most expensive place in the Buckeye State.
For more reading on life in Mount Vernon, check out:
Six factors go into calculating the cost of living index in Mount Vernon. Here is how it fairs on each of the criteria:
The Services index in Mount Vernon is 89.
The Groceries index in Mount Vernon is 101.
The Health index in Mount Vernon is 86.
The Housing index in Mount Vernon is 62.
The Transportation index in Mount Vernon is 90.
The Utilities index in Mount Vernon is 92.
Living Expense | Mount Vernon | Ohio | National Average | |
---|---|---|---|---|
Overall | 83 | 91 | 100 | |
Services | 89 | 98 | 100 | |
Groceries | 101 | 101 | 100 | |
Health | 86 | 95 | 100 | |
Housing | 62 | 73 | 100 | |
Transportation | 90 | 98 | 100 | |
Utilities | 92 | 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 Mount Vernon is $127,200.
The Median Rent in Mount Vernon is $806.
The Median Income in Mount Vernon is $49,139.
The Home Value To Income in Mount Vernon is 2.6x.
The Rent To Monthly Income in Mount Vernon is 0.2x.
Statistic | Mount Vernon | Ohio | United States |
---|---|---|---|
Median Home Value | $127,200 | $159,900 | $244,900 |
Median Rent | $806 | $870 | $1,163 |
Median Income | $49,139 | $61,938 | $69,021 |
Home Value To Income | 2.6x | 2.6x | 3.5x |
Rent To Monthly Income | 0.2x | 0.17x | 0.2x |
Item | Mount Vernon | Ohio |
---|---|---|
Shampoo | $1.39 | $1.06 |
Movie | $8.14 | $10.68 |
Bowling | $11.92 | $14.67 |
Haircut | $12.24 | $18.62 |
Beauty Salon | $26.98 | $39.05 |
Item | Mount Vernon | Ohio |
---|---|---|
Ground Beef | $4.02 | $4.22 |
Fried Chicken | $1.43 | $1.39 |
Milk | $2.44 | $2.05 |
Potatoes | $3.25 | $3.29 |
Pizza | $9.65 | $10.62 |
Beer | $9.61 | $9.38 |
Toothpaste | $2.68 | $2.34 |
Item | Mount Vernon | Ohio |
---|---|---|
Optometrist | $69.45 | $108.57 |
Doctor | $74.7 | $116.17 |
Dentist | $95.62 | $99.13 |
Item | Mount Vernon | Ohio |
---|---|---|
Gasoline | $2.23 | $2.22 |
Tire Balancing | $36.34 | $50.07 |
Item | Mount Vernon | Ohio |
---|---|---|
All Electricity | $151.78 | $167.67 |
Phone | $179.64 | $175.64 |
The cost of living varies in the cities and towns around Mount Vernon. 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 Mount Vernon.
Westerville, OH has a cost of living index of 98, 1.2x Mount Vernon.
Upper Arlington, OH has a cost of living index of 117, 1.4x Mount Vernon.
City | Population | Cost Of Living | Vs. Mount Vernon |
---|---|---|---|
Dublin, OH | 48,613 | 120 | 1.4x |
Westerville, OH | 38,960 | 98 | 1.2x |
Upper Arlington, OH | 36,566 | 117 | 1.4x |
Gahanna, OH | 35,626 | 98 | 1.2x |
Hilliard, OH | 35,530 | 98 | 1.2x |
Worthington, OH | 15,047 | 104 | 1.3x |
Powell, OH | 13,879 | 120 | 1.4x |
Bexley, OH | 13,820 | 109 | 1.3x |
New Albany, OH | 10,962 | 138 | 1.7x |
Grandview Heights, OH | 8,099 | 110 | 1.3x |