Housing costs in Berlin?
A typical home costs
$323,900, which is 4.2% less expensive than the national average of
$338,100 and 64.4% more expensive than the average Ohio home, at
$197,000. Renting a two-bedroom unit in Berlin costs
$780 per month, which is 45.5% cheaper than the national average of
$1,430 and 25.6% cheaper than the state average of
$980.
Can I afford Berlin?
To live comfortably in Berlin, Ohio, a minimum annual income of
$61,920 for a family, and
$23,600 for a single person is recommended.
What does A.I. say about Berlin?
Berlin, OH has an affordable cost of living compared to the national average. According to BestPlaces.net, the overall cost of living index in Berlin is 87.2, which is 13.8 points lower than the national average of 100. This means that basic living expenses such as housing, food, and utilities are generally less expensive than other places in the United States. The median home price in Berlin is $175,000, with a median household income of $52,120 per year. Furthermore, residents benefit from low taxes on food and no state income tax. Overall, Berlin offers a high quality of life at an affordable cost for both families and individuals alike.