Housing costs in Malta?
A typical home costs
$122,100, which is 63.9% less expensive than the national average of
$338,100 and 38.0% less expensive than the average Ohio home, at
$197,000. Renting a two-bedroom unit in Malta costs
$1,050 per month, which is 26.6% cheaper than the national average of
$1,430 and 6.7% more than the state average of
$980.
Can I afford Malta?
To live comfortably in Malta, Ohio, a minimum annual income of
$23,400 for a family, and
$37,200 for a single person is recommended.
What does A.I. say about Malta?
The cost of living in Malta, OH is quite affordable. The median home price is around $143,000 compared to the national median of $200,000. The sales tax rate remains below the national average at 6.75%. Food expenses are also lower than the US average with the overall cost of living about 4% cheaper than the rest of the country. Utilities such as electricity and water are also reasonably priced, making it a good choice for those looking for a more affordable place to live.