Housing costs in Loudonville?
A typical home costs
$192,800, which is 43.0% less expensive than the national average of
$338,100 and 2.1% less expensive than the average Ohio home, at
$197,000. Renting a two-bedroom unit in Loudonville costs
$790 per month, which is 19.4% cheaper than the national average of
$980 and close to the state average of
$790.
Can I afford Loudonville?
To live comfortably in Loudonville (zip 44842), Ohio, a minimum annual income of
$37,080 for a family, and
$24,000 for a single person is recommended.
What does A.I. say about Loudonville?
Living in 44842 Loudonville, OH is very cost effective. The cost of living index is 88.8 which is slightly lower than the US average of 100, making it an affordable place to live. The median household income is $47,477 and the median home value is $152,700, both of which are below the national average. Property taxes are also quite low at just 0.69% of the home value annually. Gasoline prices are also lower than many other areas at an average of $2.41 per gallon, while groceries are just a bit higher at $3.94 per pound. All in all, 44842 Loudonville makes for a great place to live if you're looking for a cost effective option that can equip you with everything you need to enjoy life without breaking the bank!