Housing costs in Ridgeway?
A typical home costs
$191,100, which is 43.5% less expensive than the national average of
$338,100 and 3.0% less expensive than the average Ohio home, at
$197,000. Renting a two-bedroom unit in Ridgeway 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 Ridgeway?
To live comfortably in Ridgeway, Ohio, a minimum annual income of
$36,720 for a family, and
$36,000 for a single person is recommended.
What does A.I. say about Ridgeway?
Ridgeway, OH is an affordable place to live. According to BestPlaces's Cost of Living Index, the cost of living in Ridgeway is lower than the United States average. The index shows that groceries are nearly 10% cheaper than the national average and housing costs are almost 20% lower. This means that residents of Ridgeway can stretch their dollar further when it comes to everyday expenses. Additionally, transportation costs are approximately 6% less than they would be in other parts of the country. All these factors make Ridgeway a great choice for people looking for a place to live with a low cost of living.