Housing costs in Belmont?
A typical home costs
$186,200, which is 44.9% less expensive than the national average of
$338,100 and 5.5% less expensive than the average Ohio home, at
$197,000. Renting a two-bedroom unit in Belmont costs
$970 per month, which is 32.2% cheaper than the national average of
$1,430 and close to the state average of
$980.
Can I afford Belmont?
To live comfortably in Belmont (zip 43718), Ohio, a minimum annual income of
$35,640 for a family, and
$30,400 for a single person is recommended.
What does A.I. say about Belmont?
Living in 43718 Belmont, OH is comparatively affordable for the Northeast Ohio area. According to BestPlaces, a website that tracks cost of living information worldwide, the city has an overall cost of living index of 83.56, which is 14% lower than the US average. In terms of rental prices, a one-bedroom apartment in the center of town can be as low as $487 per month, while outside of downtown rents can dip below $400. Additionally, groceries and restaurant meals are relatively inexpensive due to the area’s competitive market for food services and large chain stores. All in all, 43718 Belmont provides its residents with an undeniably affordable standard of living.