Housing costs in Bailey Lakes?
A typical home costs
$150,700, which is 55.4% less expensive than the national average of
$338,100 and 23.5% less expensive than the average Ohio home, at
$197,000. Renting a two-bedroom unit in Bailey Lakes 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 Bailey Lakes?
To live comfortably in Bailey Lakes, Ohio, a minimum annual income of
$28,800 for a family, and
$28,800 for a single person is recommended.
What does A.I. say about Bailey Lakes?
The cost of living in Bailey Lakes, OH is quite reasonable. The city has a low unemployment rate and the average household income is higher than the national average, which helps to keep expenses low. Property taxes are below the national average as well, and housing costs remain fairly stable. Groceries, utilities, and transportation costs are all relatively affordable compared to other cities in Ohio. Overall, Bailey Lakes presents a great value for those looking for an affordable place to live with plenty of amenities nearby.