Cost of living in Painesville 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 Painesville 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 Painesville is 91, with 100 being the average.
The cost of living index in Painesville is 0.9x lower than the national average.
Painesville ranks as the #149 cheapest in Ohio out of 286.
Painesville ranks as the #1,804 cheapest out of 6,412 in the US.
The median home value in Painesville is $114,900.
The median income in Painesville is $47,976.
According to the most recent data on the cost of living, Painesville has an overall cost of living index of 91, which is 0.9x lower than the national index of 100.
Compared to Ohio, Painesville has a cost of living index that's 1.0x lower than Ohio's index of 91.
The standard of living in Painesville ranks as #149 most affordable out of the 286 places we measured in Ohio. By definition, that implies Painesville ranks as the #137 most expensive place in the Buckeye State.
For more reading on life in Painesville, check out:
Six factors go into calculating the cost of living index in Painesville. Here is how it fairs on each of the criteria:
The Services index in Painesville is 102.
The Groceries index in Painesville is 106.
The Health index in Painesville is 111.
The Housing index in Painesville is 62.
The Transportation index in Painesville is 101.
The Utilities index in Painesville is 97.
Living Expense | Painesville | Ohio | National Average | |
---|---|---|---|---|
Overall | 91 | 91 | 100 | |
Services | 102 | 98 | 100 | |
Groceries | 106 | 101 | 100 | |
Health | 111 | 95 | 100 | |
Housing | 62 | 73 | 100 | |
Transportation | 101 | 98 | 100 | |
Utilities | 97 | 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 Painesville is $114,900.
The Median Rent in Painesville is $857.
The Median Income in Painesville is $47,976.
The Home Value To Income in Painesville is 2.4x.
The Rent To Monthly Income in Painesville is 0.21x.
Statistic | Painesville | Ohio | United States |
---|---|---|---|
Median Home Value | $114,900 | $159,900 | $244,900 |
Median Rent | $857 | $870 | $1,163 |
Median Income | $47,976 | $61,938 | $69,021 |
Home Value To Income | 2.4x | 2.6x | 3.5x |
Rent To Monthly Income | 0.21x | 0.17x | 0.2x |
Item | Painesville | Ohio |
---|---|---|
Shampoo | $1.08 | $1.06 |
Movie | $11.87 | $10.68 |
Bowling | $16.87 | $14.67 |
Haircut | $18.34 | $18.62 |
Beauty Salon | $31.4 | $39.05 |
Item | Painesville | Ohio |
---|---|---|
Ground Beef | $5.31 | $4.22 |
Fried Chicken | $1.83 | $1.39 |
Milk | $1.55 | $2.05 |
Potatoes | $3.19 | $3.29 |
Pizza | $11.49 | $10.62 |
Beer | $9.17 | $9.38 |
Toothpaste | $2.65 | $2.34 |
Item | Painesville | Ohio |
---|---|---|
Optometrist | $86.0 | $108.57 |
Doctor | $121.47 | $116.17 |
Dentist | $119.67 | $99.13 |
Item | Painesville | Ohio |
---|---|---|
Gasoline | $2.25 | $2.22 |
Tire Balancing | $47.56 | $50.07 |
Item | Painesville | Ohio |
---|---|---|
All Electricity | $154.37 | $167.67 |
Phone | $180.6 | $175.64 |
The cost of living varies in the cities and towns around Painesville. Here's a quick look at the cost of living in the most populous nearby places:
Mentor, OH has a cost of living index of 98, 1.1x Painesville.
Willoughby, OH has a cost of living index of 97, 1.1x Painesville.
South Euclid, OH has a cost of living index of 92, 1.0x Painesville.
City | Population | Cost Of Living | Vs. Painesville |
---|---|---|---|
Mentor, OH | 47,369 | 98 | 1.1x |
Willoughby, OH | 23,753 | 97 | 1.1x |
South Euclid, OH | 21,882 | 92 | 1.0x |
Mayfield Heights, OH | 20,113 | 95 | 1.0x |
Eastlake, OH | 17,743 | 93 | 1.0x |
Willowick, OH | 14,173 | 90 | 1.0x |
Lyndhurst, OH | 13,980 | 95 | 1.0x |
Wickliffe, OH | 12,688 | 93 | 1.0x |
Highland Heights, OH | 8,658 | 110 | 1.2x |
Mentor-on-the-Lake, OH | 7,135 | 94 | 1.0x |