Magnetic Springs, OH Cost of Living


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Magnetic Springs cost of living score
98.8
Less expensive
1.2% lower
than the US average
19.5% higher
than the Ohio average
Magnetic Springs, Ohio gets a BestPlaces Cost of Living score of 98.8, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 1.2% lower than the U.S. average and 19.5% lower than the average for Ohio.

Magnetic Springs, OH

Housing costs in Magnetic Springs?
A typical home costs $118,700, which is 64.9% less expensive than the national average of $338,100 and 39.7% less expensive than the average Ohio home, at $197,000. Renting a two-bedroom unit in Magnetic Springs costs $970 per month, which is 32.2% cheaper than the national average of $1,430 and close to the state average of $980.

Can I afford Magnetic Springs?
To live comfortably in Magnetic Springs, Ohio, a minimum annual income of $22,680 for a family, and $29,600 for a single person is recommended.

What does A.I. say about Magnetic Springs?
The cost of living in Magnetic Springs, OH is relatively low compared to other cities in the country. The average rent for an apartment in Magnetic Springs is roughly $600 per month, which is cheaper than many other locations across the country. Other costs such as groceries, transportation and utilities are also lower than the national average. This makes Magnetic Springs an attractive place to live for those looking to save money while still enjoying the small town charm this city has to offer.
   Cost of living score
     CategoriesMagnetic SpringsOhioUnited States
  98.882.7100.0
  94.996.1100
  89.988.7100.0
  36.061.6100.0
  $118,700$197,000$338,100
  103.0%100.0%100.0%
  92.483.9100.0
  111.389.3100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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