Housing costs in Marengo?
A typical home costs
$282,100, which is 16.6% less expensive than the national average of
$338,100 and 43.2% more expensive than the average Ohio home, at
$197,000. Renting a two-bedroom unit in Marengo costs
$1,090 per month, which is 23.8% cheaper than the national average of
$1,430 and 10.1% more than the state average of
$980.
Can I afford Marengo?
To live comfortably in Marengo, Ohio, a minimum annual income of
$54,000 for a family, and
$35,200 for a single person is recommended.
What does A.I. say about Marengo?
Marengo, OH is a great place to live for those looking for a low cost of living. The town's median home value is just over $118,000, which is significantly lower than the national average. Additionally, the cost of goods and services are generally lower than other parts of the state. Average monthly rental prices in Marengo hover around $500, while groceries and other essential items are also far below that of comparable cities. All in all, it's an ideal place for anyone looking to stretch their budget further without sacrificing quality.