Housing costs in Lima?
A typical home costs
$152,700, which is 54.8% less expensive than the national average of
$338,100 and 22.5% less expensive than the average Ohio home, at
$197,000. Renting a two-bedroom unit in Lima costs
$920 per month, which is 6.1% cheaper than the national average of
$980 and 7.6% more than the state average of
$850.
Can I afford Lima?
To live comfortably in Lima (zip 45805), Ohio, a minimum annual income of
$29,160 for a family, and
$29,200 for a single person is recommended.
What does A.I. say about Lima?
The cost of living in 45805 Lima, OH is relatively affordable compared to other cities. According to BestPlaces, the cost of living index is 75, which is 11 percent lower than the U.S. average of 87. The cost of housing in Lima is very reasonable, with a median home value of $92,600 and an average rental price of $740 per month. Other costs such as food and transportation are also quite low when compared to larger cities. Additionally, Lima has a variety of quality restaurants that offer great deals on meals and entertainment options like movie theaters and bowling alleys that provide additional savings for residents looking to have an enjoyable night out without breaking the bank.