Housing costs in Gibsonburg?
A typical home costs
$154,700, which is 54.2% less expensive than the national average of
$338,100 and 21.5% less expensive than the average Ohio home, at
$197,000. Renting a two-bedroom unit in Gibsonburg costs
$890 per month, which is 37.8% cheaper than the national average of
$1,430 and 10.1% cheaper than the state average of
$980.
Can I afford Gibsonburg?
To live comfortably in Gibsonburg, Ohio, a minimum annual income of
$29,520 for a family, and
$28,800 for a single person is recommended.
What does A.I. say about Gibsonburg?
The cost of living in Gibsonburg, OH is relatively low compared to other cities in the region. Residents can expect to pay a median home price of just over $100,000 and monthly rent for a two-bedroom apartment in town averages around $650. Furthermore, food costs are quite reasonable with groceries being offered at discounted prices from local grocery stores as well as farmers markets. Utility costs are also lower than the national average due to an abundance of natural resources such as wind and solar power available to residents. As such, Gibsonburg is a great place for those looking to save money while enjoying all the benefits that come with the city's small town charm.