Lakemore, OH Cost of Living


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Lakemore cost of living score
80.8
Less expensive
19.2% lower
than the US average
2.3% lower
than the Ohio average
Lakemore, Ohio gets a BestPlaces Cost of Living score of 80.8, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 19.2% lower than the U.S. average and 2.3% higher than the average for Ohio.

Lakemore, OH

Housing costs in Lakemore?
A typical home costs $117,700, which is 65.2% less expensive than the national average of $338,100 and 40.3% less expensive than the average Ohio home, at $197,000. Renting a two-bedroom unit in Lakemore costs $1,080 per month, which is 24.5% cheaper than the national average of $1,430 and 9.3% more than the state average of $980.

Can I afford Lakemore?
To live comfortably in Lakemore, Ohio, a minimum annual income of $22,680 for a family, and $34,000 for a single person is recommended.

What does A.I. say about Lakemore?
The cost of living in Lakemore, OH is relatively affordable. Most goods and services are reasonably priced, making it an attractive option for those looking to settle down in the area. The median home price in Lakemore is around $105,000 which is well below the national average, and the cost of transportation and food is also below the national average. Despite having a low cost of living, there are plenty of amenities and activities to enjoy in Lakemore, giving residents a pleasant balance between affordability and quality of life.
   Cost of living score
     CategoriesLakemoreOhioUnited States
  80.882.7100.0
  94.596.1100
  87.288.7100.0
  27.461.6100.0
  $117,700$197,000$338,100
  93.0%100.0%100.0%
  80.583.9100.0
  107.389.3100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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