Lake County, OH Cost of Living


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Lake cost of living score
84
Less expensive
16.0% lower
than the US average
1.6% higher
than the Ohio average
Lake O County, Ohio gets a BestPlaces Cost of Living score of 84, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 16.0% lower than the U.S. average and 1.6% lower than the average for Ohio.

Lake County, OH

Housing costs in Lake?
A typical home costs $208,200, which is 38.4% less expensive than the national average of $338,100 and 5.7% more expensive than the average Ohio home, at $197,000. Renting a two-bedroom unit in Lake costs $1,000 per month, which is 30.1% cheaper than the national average of $1,430 and 2.0% more than the state average of $980.

Can I afford Lake?
To live comfortably in Lake O County, Ohio, a minimum annual income of $39,960 for a family, and $32,800 for a single person is recommended.

What does A.I. say about Lake?
Lake, OH County has a cost of living that is 84, which is lower than the average cost of living in the United States, which is 100. This means that people who live in Lake, OH County can expect to pay less for goods and services compared to other areas in the country. Additionally, the median house value in Lake, OH County is $208200, which is significantly lower than the US average of $338100. This makes living in Lake, OH County an attractive option for those looking for more affordable housing.
   Cost of living score
     CategoriesLakeOhioUnited States
  84.082.7100.0
  97.696.1100
  83.788.7100.0
  64.861.6100.0
  $208,200$197,000$338,100
  92.9%100.0%100.0%
  86.283.9100.0
  111.389.3100.0

   100=National Average

   Average Rent by Bedroom Size
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