Housing costs in Hiram?
A typical home costs
$260,900, which is 22.8% less expensive than the national average of
$338,100 and 32.4% more expensive than the average Ohio home, at
$197,000. Renting a two-bedroom unit in Hiram costs
$930 per month, which is 35.0% cheaper than the national average of
$1,430 and 5.4% cheaper than the state average of
$980.
Can I afford Hiram?
To live comfortably in Hiram, Ohio, a minimum annual income of
$50,040 for a family, and
$29,200 for a single person is recommended.
What does A.I. say about Hiram?
Hiram, OH has a relatively low cost of living compared to the rest of the country. The median home price in Hiram is $139,500, which is well below the national average of $200,000. Additionally, general goods and services are cheaper than most other places in Ohio, with an overall cost of living index of 87.8 (100 being U.S. average). This means that groceries, healthcare and utilities all tend to be much less expensive than in other parts of the state. In addition, there is no state income tax in Ohio which helps reduce the overall cost of living even further.