Zip 43240 (Columbus, OH) Cost of Living


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Columbus cost of living score
111.9
More expensive
11.9% higher
than the US average
35.3% higher
than the Ohio average
Columbus (zip 43240), Ohio gets a BestPlaces Cost of Living score of 111.9, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 11.9% higher than the U.S. average and 35.3% higher than the average for Ohio.

Zip 43240 (Columbus, OH)

Housing costs in Columbus?
A typical home costs $302,800, which is 10.4% less expensive than the national average of $338,100 and 53.7% more expensive than the average Ohio home, at $197,000. Renting a two-bedroom unit in Columbus costs $1,430 per month, which is 45.9% more than the national average of $980 and 19.6% more than the state average of $1,150.

Can I afford Columbus?
To live comfortably in Columbus (zip 43240), Ohio, a minimum annual income of $57,960 for a family, and $46,000 for a single person is recommended.

What does A.I. say about Columbus?
The cost of living in 43240 Columbus, OH is notably higher than the national average. Food, housing and transportation expenses are all much higher than the national median household income. Renting an apartment in Columbus costs about $985 per month on average, while purchasing a home average around $178,600. Food costs can range from moderate to expensive depending on where you shop. Transportation tends to be low cost because of the abundance of mass transit options in the city. It's also easy for citizens to find ride-sharing services like Uber or Lyft at a reasonable price. Overall, living in Columbus can be expensive but is worth it due to its great amenities and plenty of job opportunities available for residents.
   Cost of living score
     CategoriesColumbusOhioUnited States
  111.982.7100.0
  100.796.1100
  91.688.7100.0
  88.461.6100.0
  $302,800$197,000$338,100
  101.6%100.0%100.0%
  84.983.9100.0
  115.889.3100.0

   100=National Average

   Average Rent by Bedroom Size
Crime