Housing costs in Painesville?
A typical home costs
$172,900, which is 48.9% less expensive than the national average of
$338,100 and 12.2% less expensive than the average Ohio home, at
$197,000. Renting a two-bedroom unit in Painesville costs
$990 per month, which is 30.8% cheaper than the national average of
$1,430 and close to the state average of
$980.
Can I afford Painesville?
To live comfortably in Painesville, Ohio, a minimum annual income of
$33,120 for a family, and
$32,800 for a single person is recommended.
What does A.I. say about Painesville?
The cost of living in Painesville, OH is quite reasonable. According to BestPlaces, the cost of living index for this city is around 87.7, which is lower than the US average of 100. The overall cost of housing is 15% lower than the national average, making it a great place to live if you're on a budget. Utilities are also lower than most cities in the US, with electricity rates being around 9% lower and water rates at 5%. Groceries and other goods are also reasonably priced when compared to other parts of the US. All in all, Painesville offers great value for those looking for an affordable lifestyle.