Montrose-Ghent, OH Cost of Living


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How much do I need to live in Montrose-Ghent, Ohio?
$6,690 / month
for a family, 23.9% more expensive than the national average A total of $80,280 for the year for a family.
$3,067 / month
for a single person, 35.7% less expensive than the national average A total of $36,800 for the year for a single person.

Montrose-Ghent cost of living score
80.8
Less expensive
19.2% lower
than the US average
2.3% lower
than the Ohio average
Montrose-Ghent, Ohio gets a BestPlaces Cost of Living score of 80.8, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 19.2% lower than the U.S. average and 2.3% higher than the average for Ohio.

Montrose-Ghent, OH

Housing costs in Montrose-Ghent?
A typical home costs $419,000, which is 23.9% more expensive than the national average of $338,100 and 112.7% more expensive than the average Ohio home, at $197,000. Renting a two-bedroom unit in Montrose-Ghent costs $1,170 per month, which is 18.2% cheaper than the national average of $1,430 and 16.2% more than the state average of $980.

Can I afford Montrose-Ghent?
To live comfortably in Montrose-Ghent, Ohio, a minimum annual income of $80,280 for a family, and $36,800 for a single person is recommended.

What does A.I. say about Montrose-Ghent?
The cost of living in Montrose-Ghent, OH is slightly below the national average. The housing market is very affordable, with median home prices at just over $116,000. Utilities in the area are also competitively priced, well below national averages. The low cost of living in Montrose-Ghent makes it an attractive option for those looking for affordable yet high quality of life. Groceries and other goods and services are also comparably priced to other cities in Ohio. All these factors make Montrose-Ghent a great place for people on a budget who want to enjoy all the perks of living in an urban environment.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesMontrose-GhentOhioUnited States
    Unlock82.7100.0
  102.8  Unlock100.0
    Unlock88.7100.0
  140.2  Unlock100.0
    Unlock$197,000$338,100
  92.6  Unlock100.0
    Unlock83.9100.0
  107.5  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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