Zip 45863 (Middle Point, OH) Cost of Living


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United States / Ohio / Van Wert Metro Area / Van Wert County / No City / Middle Point (zip 45863)
How much do I need to live in Middle Point, Ohio?
$1,890 / month
for a family, 65.0% less expensive than the national average A total of $22,680 for the year for a family.
$2,033 / month
for a single person, 57.4% less expensive than the national average A total of $24,400 for the year for a single person.

Middle Point cost of living score
71.3
Less expensive
28.7% lower
than the US average
13.8% lower
than the Ohio average
Middle Point (zip 45863), Ohio gets a BestPlaces Cost of Living score of 71.3, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 28.7% lower than the U.S. average and 13.8% higher than the average for Ohio.

Zip 45863 (Middle Point, OH)

Housing costs in Middle Point?
A typical home costs $118,900, which is 64.8% less expensive than the national average of $338,100 and 39.6% less expensive than the average Ohio home, at $197,000. Renting a two-bedroom unit in Middle Point costs $800 per month, which is 44.1% cheaper than the national average of $1,430 and 22.5% cheaper than the state average of $980.

Can I afford Middle Point?
To live comfortably in Middle Point (zip 45863), Ohio, a minimum annual income of $22,680 for a family, and $24,400 for a single person is recommended.

What does A.I. say about Middle Point?
Living in 45863 Middle Point, OH is relatively affordable. The median home value is $93,000 and the median rent price is $672 as of January 2020. This indicates an overall reasonable cost of living for the area. Residents benefit from various tax reductions, such as a homestead exemption which can reduce property taxes by up to 15%, and sales tax reductions. Additionally, utility costs are typically lower than the national average in Middle Point, making it an attractive place to live for individuals on a budget.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesMiddle PointOhioUnited States
    Unlock82.7100.0
  90.9  Unlock100.0
    Unlock88.7100.0
  33.8  Unlock100.0
    Unlock$197,000$338,100
  102.8  Unlock100.0
    Unlock83.9100.0
  84.9  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
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