Housing costs in Canal Winchester?
A typical home costs
$337,900, which is 0.1% less expensive than the national average of
$338,100 and 71.5% more expensive than the average Ohio home, at
$197,000. Renting a two-bedroom unit in Canal Winchester costs
$1,190 per month, which is 16.8% cheaper than the national average of
$1,430 and 17.6% more than the state average of
$980.
Can I afford Canal Winchester?
To live comfortably in Canal Winchester, Ohio, a minimum annual income of
$64,800 for a family, and
$38,400 for a single person is recommended.
What does A.I. say about Canal Winchester?
Canal Winchester, OH is a great place to live and work due to its comparatively low cost of living. The area boasts an 11% lower cost of living than the national average, meaning that it is much more affordable for families to make ends meet. Additionally, housing costs are quite low in Canal Winchester, with the median value of owner-occupied homes being $152,700 compared to the national average of $184,700. Furthermore, utility costs are also very reasonable with an electricity rate of 8.32 cents per kWh compared to the US average of 12.88 cents per kWh. This makes Canal Winchester a great option for those looking for a place to call home without breaking the bank.