Housing costs in Avon Lake?
A typical home costs
$330,500, which is 2.2% less expensive than the national average of
$338,100 and 67.8% more expensive than the average Ohio home, at
$197,000. Renting a two-bedroom unit in Avon Lake costs
$1,510 per month, which is 5.6% more than the national average of
$1,430 and 35.1% more than the state average of
$980.
Can I afford Avon Lake?
To live comfortably in Avon Lake, Ohio, a minimum annual income of
$63,360 for a family, and
$49,600 for a single person is recommended.
What does A.I. say about Avon Lake?
The cost of living in Avon Lake, OH is relatively affordable compared to many other parts of the United States. Housing costs are significantly lower than the national average and the state average; with the median home value in Avon Lake hovering around $263,700, renters can expect to pay an average of about $1,400 per month for a two-bedroom apartment. Groceries and transportation are also very affordable in Avon Lake, with food costs averaging slightly below the national average while gas prices remain consistently low. All in all, living in Avon Lake comes with a reasonable price tag that gives residents peace of mind when it comes to their expenses.