Housing costs in Ada?
A typical home costs
$176,700, which is 47.7% less expensive than the national average of
$338,100 and 10.3% less expensive than the average Ohio home, at
$197,000. Renting a two-bedroom unit in Ada costs
$820 per month, which is 42.7% cheaper than the national average of
$1,430 and 19.5% cheaper than the state average of
$980.
Can I afford Ada?
To live comfortably in Ada, Ohio, a minimum annual income of
$33,840 for a family, and
$27,200 for a single person is recommended.
What does A.I. say about Ada?
Ada, OH has an affordable cost of living. According to Best Places, the cost of living index in Ada is 78.5 which is lower than the U.S. average of 100. Groceries are particularly affordable, with prices 25% lower than the national average. Housing costs are also below average with homes costing 19% less than the national average and rent being slightly below or around the national average depending on size and location. All in all, Ada boasts a cost of living that is highly attractive for people looking to move into the area.