Housing costs in Springboro?
A typical home costs
$383,100, which is 13.3% more expensive than the national average of
$338,100 and 94.5% more expensive than the average Ohio home, at
$197,000. Renting a two-bedroom unit in Springboro costs
$1,550 per month, which is 8.4% more than the national average of
$1,430 and 36.8% more than the state average of
$980.
Can I afford Springboro?
To live comfortably in Springboro, Ohio, a minimum annual income of
$73,440 for a family, and
$47,600 for a single person is recommended.
What does A.I. say about Springboro?
The cost of living in Springboro, OH is generally quite reasonable compared to other areas of Ohio and the United States. According to the most recent data from the US Census Bureau, the median household income in Springboro is $90,494; this is significantly higher than the national median of $61,937. The median home cost in Springboro is also lower than that of the national average - $220,800 compared to $231,200 - making it an affordable place for families to call home. Additionally, groceries and health care costs are also slightly below average at about 7% lower than the national averages. This makes Springboro an attractive destination for those looking for a more economical lifestyle.