Housing costs in Fayette?
A typical home costs
$137,700, which is 59.3% less expensive than the national average of
$338,100 and 30.1% less expensive than the average Ohio home, at
$197,000. Renting a two-bedroom unit in Fayette 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 Fayette?
To live comfortably in Fayette, Ohio, a minimum annual income of
$26,280 for a family, and
$24,000 for a single person is recommended.
What does A.I. say about Fayette?
The cost of living in Fayette, OH is quite affordable compared to other areas of the state. The median home value in Fayette is $84,400 and the median rent is $735 per month. This makes it an attractive option for those looking to relocate to Ohio. It also has a low unemployment rate of 4.4%, which further adds to the affordability and stability of the area. Additionally, there are plenty of opportunities for shopping, dining, and entertainment with its close proximity to larger cities like Dayton and Cincinnati. All in all, Fayette provides a great lifestyle at an affordable price point making it an excellent place to call home.