Housing costs in Medway?
A typical home costs
$155,000, which is 54.2% less expensive than the national average of
$338,100 and 21.3% less expensive than the average Ohio home, at
$197,000. Renting a two-bedroom unit in Medway costs
$940 per month, which is 34.3% cheaper than the national average of
$1,430 and 4.3% cheaper than the state average of
$980.
Can I afford Medway?
To live comfortably in Medway (zip 45341), Ohio, a minimum annual income of
$29,520 for a family, and
$28,400 for a single person is recommended.
What does A.I. say about Medway?
The cost of living in 45341 Medway, OH is very affordable. According to the most recent data from BestPlaces, the median home cost in this zip code is $195,400 which is much lower than that of the national average of $231,200. Additionally, the overall cost of living index in this zip code is 83.4 which is 13.6 points lower than the US average index of 97. The median household income for 45341 Medway, OH residents also comes in at a very reasonable $72,058 per year compared to the national median of $61,372. All these factors combined makes 45341 Medway an ideal place to live and work as prices are significantly lower than that of other cities across the country.