Housing costs in Malvern?
A typical home costs
$239,700, which is 29.1% less expensive than the national average of
$338,100 and 21.7% more expensive than the average Ohio home, at
$197,000. Renting a two-bedroom unit in Malvern costs
$790 per month, which is 44.8% cheaper than the national average of
$1,430 and 24.1% cheaper than the state average of
$980.
Can I afford Malvern?
To live comfortably in Malvern (zip 44644), Ohio, a minimum annual income of
$46,080 for a family, and
$24,000 for a single person is recommended.
What does A.I. say about Malvern?
The cost of living in 44644 Malvern, OH is quite reasonable. Although housing prices have been steadily rising in recent years, they remain lower than the national average for comparable properties. The median house price is around $120,000 and the overall cost of living index score is 88.5 out of 100, indicating that the area is relatively affordable compared to other cities across the US. Additionally, local taxes are low and groceries are reasonably priced. With a variety of affordable housing options and low costs associated with day-to-day living expenses, 44644 Malvern, OH can be an attractive option for those looking to settle down in Ohio.