Oberlin, OH Cost Of Living
Cost Of Living In Oberlin, OH Summary
Cost of living in Oberlin 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 Oberlin 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 Oberlin is 87, with 100 being the average.
The cost of living index in Oberlin is 0.9x lower than the national average.
Oberlin ranks as the #89 cheapest in Ohio out of 286.
Oberlin ranks as the #1,101 cheapest out of 6,412 in the US.
The median home value in Oberlin is $162,300.
The median income in Oberlin is $62,696.
Table Of Contents
Oberlin's Overall Cost Of Living
Lower Than The National Average
What is the cost of living in Oberlin, OH?
According to the most recent data on the cost of living, Oberlin has an overall cost of living index of 87, which is 0.9x lower than the national index of 100.
Compared to Ohio, Oberlin has a cost of living index that's 1.0x lower than Ohio's index of 91.
The standard of living in Oberlin ranks as #89 most affordable out of the 286 places we measured in Ohio. By definition, that implies Oberlin ranks as the #197 most expensive place in the Buckeye State.
For more reading on life in Oberlin, check out:
- Living In Oberlin
- Oberlin Crime Report
- Search Homes For Sale In Oberlin, OH
In Ohio
In America
Oberlin Cost Of Living Vs. Ohio
Six factors go into calculating the cost of living index in Oberlin. Here is how it fairs on each of the criteria:
The Services index in Oberlin is 91.
The Groceries index in Oberlin is 104.
The Health index in Oberlin is 88.
The Housing index in Oberlin is 79.
The Transportation index in Oberlin is 93.
The Utilities index in Oberlin is 95.
| Living Expense | Oberlin | Ohio | National Average | |
|---|---|---|---|---|
| Overall | 87 | 91 | 100 | |
| Services | 91 | 98 | 100 | |
| Groceries | 104 | 101 | 100 | |
| Health | 88 | 95 | 100 | |
| Housing | 79 | 73 | 100 | |
| Transportation | 93 | 98 | 100 | |
| Utilities | 95 | 93 | 100 | |
Oberlin, 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 Oberlin is $162,300.
The Median Rent in Oberlin is $786.
The Median Income in Oberlin is $62,696.
The Home Value To Income in Oberlin is 2.6x.
The Rent To Monthly Income in Oberlin is 0.15x.
| Statistic | Oberlin | Ohio | United States |
|---|---|---|---|
| Median Home Value | $162,300 | $159,900 | $244,900 |
| Median Rent | $786 | $870 | $1,163 |
| Median Income | $62,696 | $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
Oberlin, OH Costs By Category
Detailed Oberlin Services Costs Vs. Ohio
Detailed Oberlin Groceries Costs Vs. Ohio
Detailed Oberlin Health Costs Vs. Ohio
Detailed Oberlin Transportation Costs Vs. Ohio
Detailed Oberlin Utilities Costs Vs. Ohio
Oberlin SnackAbility
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Cost Of Living In Cities Around Oberlin
The cost of living varies in the cities and towns around Oberlin. Here's a quick look at the cost of living in the most populous nearby places:
Elyria, OH has a cost of living index of 86, 1.0x Oberlin.
North Ridgeville, OH has a cost of living index of 101, 1.2x Oberlin.
Westlake, OH has a cost of living index of 109, 1.3x Oberlin.
| City | Population | Cost Of Living | Vs. Oberlin |
|---|---|---|---|
| Elyria, OH | 52,853 | 86 | 1.0x |
| North Ridgeville, OH | 34,883 | 101 | 1.2x |
| Westlake, OH | 34,049 | 109 | 1.3x |
| North Olmsted, OH | 32,371 | 96 | 1.1x |
| Avon Lake, OH | 25,005 | 108 | 1.2x |
| Avon, OH | 24,542 | 113 | 1.3x |
| Berea, OH | 18,724 | 94 | 1.1x |
| Amherst, OH | 12,665 | 95 | 1.1x |
| Vermilion, OH | 10,560 | 94 | 1.1x |
| Olmsted Falls, OH | 8,684 | 94 | 1.1x |
