Housing costs in Lyndhurst?
A typical home costs
$187,700, which is 44.5% less expensive than the national average of
$338,100 and 4.7% less expensive than the average Ohio home, at
$197,000. Renting a two-bedroom unit in Lyndhurst costs
$1,240 per month, which is 13.3% cheaper than the national average of
$1,430 and 21.0% more than the state average of
$980.
Can I afford Lyndhurst?
To live comfortably in Lyndhurst, Ohio, a minimum annual income of
$36,000 for a family, and
$40,800 for a single person is recommended.
What does A.I. say about Lyndhurst?
The cost of living in Lyndhurst, OH is fairly low compared to other cities in the US. The median home value is $181,000, which is much lower than the national average of $231,200. Renters can expect to pay an average of $1,062 for a one-bedroom apartment and $1,387 for a two-bedroom apartment. The cost of groceries and utilities are also lower than the national averages. In addition, because Lyndhurst is so close to Cleveland and its suburbs, there are a number of job opportunities nearby that can help offset some costs. All together, living in Lyndhurst is more affordable than many other cities in the country.