Peninsula, OH Cost of Living


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Peninsula cost of living score
80.8
Less expensive
19.2% lower
than the US average
2.3% lower
than the Ohio average
Peninsula, 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.

Peninsula, OH

Housing costs in Peninsula?
A typical home costs $355,400, which is 5.1% more expensive than the national average of $338,100 and 80.4% more expensive than the average Ohio home, at $197,000. Renting a two-bedroom unit in Peninsula 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 Peninsula?
To live comfortably in Peninsula, Ohio, a minimum annual income of $68,040 for a family, and $36,800 for a single person is recommended.

What does A.I. say about Peninsula?
The cost of living in Peninsula, OH is very reasonable. The median home value in the city is $279,800 and the median rent is $1,430 per month. The cost of groceries in the area are slightly above average but overall affordable. When it comes to transportation costs, gas prices in Peninsula are generally comparable with other parts of Ohio. Additionally, there are many transportation options available including public buses and ride-sharing services such as Uber and Lyft. All these factors combined make Peninsula an attractive place to live for those looking for budget-friendly housing and amenities.
   Cost of living score
     CategoriesPeninsulaOhioUnited States
  80.882.7100.0
  103.196.1100
  87.288.7100.0
  102.861.6100.0
  $355,400$197,000$338,100
  92.6%100.0%100.0%
  81.383.9100.0
  107.589.3100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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