Zip 44440 (Mineral Ridge, OH) Cost of Living


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Mineral Ridge cost of living score
74.8
Less expensive
25.2% lower
than the US average
9.6% lower
than the Ohio average
Mineral Ridge (zip 44440), Ohio gets a BestPlaces Cost of Living score of 74.8, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 25.2% lower than the U.S. average and 9.6% higher than the average for Ohio.

Zip 44440 (Mineral Ridge, OH)

Housing costs in Mineral Ridge?
A typical home costs $161,700, which is 52.2% less expensive than the national average of $338,100 and 17.9% less expensive than the average Ohio home, at $197,000. Renting a two-bedroom unit in Mineral Ridge costs $790 per month, which is 44.8% cheaper than the national average of $1,430 and 24.1% cheaper than the state average of $980.

Can I afford Mineral Ridge?
To live comfortably in Mineral Ridge (zip 44440), Ohio, a minimum annual income of $30,960 for a family, and $25,200 for a single person is recommended.

What does A.I. say about Mineral Ridge?
The cost of living in 44440 Mineral Ridge, OH is relatively affordable compared to the national average. The median home value in the area is around $75,000, making it a great choice for those looking for an affordable place to live. Renting a two-bedroom apartment averages about $700 per month, and commuting expenses are low when compared to larger cities. Property taxes are on the lower end as well, with an effective tax rate of just 1.37%. Overall, living in 44440 Mineral Ridge can be very affordable for those looking for a comfortable home.
   Cost of living score
     CategoriesMineral RidgeOhioUnited States
  74.882.7100.0
  9696.1100
  88.688.7100.0
  54.661.6100.0
  $161,700$197,000$338,100
  91.6%100.0%100.0%
  80.083.9100.0
  87.289.3100.0

   100=National Average

   Average Rent by Bedroom Size
Crime