Zip 44215 (Chippewa Lake, OH) Cost of Living


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United States / Ohio / Cleveland-Elyria Metro Area / Medina County / No City / Chippewa Lake (zip 44215)

Chippewa Lake cost of living score
93.2
Less expensive
6.8% lower
than the US average
12.7% higher
than the Ohio average
Chippewa Lake (zip 44215), Ohio gets a BestPlaces Cost of Living score of 93.2, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 6.8% lower than the U.S. average and 12.7% lower than the average for Ohio.

Zip 44215 (Chippewa Lake, OH)

Housing costs in Chippewa Lake?
A typical home costs $170,700, which is 49.5% less expensive than the national average of $338,100 and 13.4% less expensive than the average Ohio home, at $197,000. Renting a two-bedroom unit in Chippewa Lake costs $1,090 per month, which is 23.8% cheaper than the national average of $1,430 and 10.1% more than the state average of $980.

Can I afford Chippewa Lake?
To live comfortably in Chippewa Lake (zip 44215), Ohio, a minimum annual income of $32,760 for a family, and $35,600 for a single person is recommended.

What does A.I. say about Chippewa Lake?
The cost of living in 44215 Chippewa Lake, OH is slightly above the national average. The median home price is $169,700, which is about 5 percent higher than the national median of $163,200. The median rent in 44215 Chippewa Lake is an affordable $1,095 per month. The average cost for groceries and utilities for a family of four is around $130 a week. Additionally, the sales tax rate in 44215 Chippewa Lake is 6.75% which compares favorably to other cities in Ohio. All these factors make 44215 Chippewa Lake a great place to live with an affordable cost of living.
   Cost of living score
     CategoriesChippewa LakeOhioUnited States
  93.282.7100.0
  9696.1100
  87.788.7100.0
  54.261.6100.0
  $170,700$197,000$338,100
  94.9%100.0%100.0%
  85.983.9100.0
  111.689.3100.0

   100=National Average

   Average Rent by Bedroom Size
Crime