Prospect, OH Cost of Living


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Prospect cost of living score
74
Less expensive
26.0% lower
than the US average
10.5% lower
than the Ohio average
Prospect, Ohio gets a BestPlaces Cost of Living score of 74, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 26.0% lower than the U.S. average and 10.5% higher than the average for Ohio.

Prospect, OH

Housing costs in Prospect?
A typical home costs $206,600, which is 38.9% less expensive than the national average of $338,100 and 4.9% more expensive than the average Ohio home, at $197,000. Renting a two-bedroom unit in Prospect costs $1,100 per month, which is 23.1% cheaper than the national average of $1,430 and 10.9% more than the state average of $980.

Can I afford Prospect?
To live comfortably in Prospect, Ohio, a minimum annual income of $39,600 for a family, and $33,600 for a single person is recommended.

What does A.I. say about Prospect?
The cost of living in Prospect, OH is generally quite reasonable. Prices for basic necessities such as housing, food and transportation are all lower than the national average, making it a great place to live for people with a more limited budget. Additionally, government services are well funded and easily accessible should anyone need assistance. The city itself also offers tax breaks that can help residents save money on their taxes and other expenses. All in all, Prospect is an affordable place to live for those looking for a good quality of life.
   Cost of living score
     CategoriesProspectOhioUnited States
  74.082.7100.0
  96.496.1100
  106.888.7100.0
  57.861.6100.0
  $206,600$197,000$338,100
  99.2%100.0%100.0%
  76.583.9100.0
  81.389.3100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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