Zip 45865 (Minster, OH) Cost of Living


0 Reviews



BestPlaces offers the best, most comprehensive city reports,
with insight into cost of living, crime, climate, and more.
United States / Ohio / Wapakoneta Metro Area / Auglaize County / No City / Minster (zip 45865)
How much do I need to live in Minster, Ohio?
$4,020 / month
for a family, 25.6% less expensive than the national average A total of $48,240 for the year for a family.
$2,100 / month
for a single person, 55.9% less expensive than the national average A total of $25,200 for the year for a single person.

Minster cost of living score
77.4
Less expensive
22.6% lower
than the US average
6.4% lower
than the Ohio average
Minster (zip 45865), Ohio gets a BestPlaces Cost of Living score of 77.4, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 22.6% lower than the U.S. average and 6.4% higher than the average for Ohio.

Zip 45865 (Minster, OH)

Housing costs in Minster?
A typical home costs $252,400, which is 25.3% less expensive than the national average of $338,100 and 28.1% more expensive than the average Ohio home, at $197,000. Renting a two-bedroom unit in Minster costs $780 per month, which is 45.5% cheaper than the national average of $1,430 and 25.6% cheaper than the state average of $980.

Can I afford Minster?
To live comfortably in Minster (zip 45865), Ohio, a minimum annual income of $48,240 for a family, and $25,200 for a single person is recommended.

What does A.I. say about Minster?
Living in 45865 Minster, OH is fairly affordable. The median home value is around $125,000 and the median household income is just over $50,000. Utilities costs are relatively low compared to national averages, with electricity averaging around 11 cents per kWh and natural gas being only slightly higher at 13 cents per kWh. Property taxes are also quite reasonable with a median rate of just over 0.90%. Overall, the cost of living in 45865 Minster, OH is far more affordable than many other areas in the country, making it an attractive choice for those looking to save some money on their living expenses.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesMinsterOhioUnited States
    Unlock82.7100.0
  100.0  Unlock100.0
    Unlock88.7100.0
  78.5  Unlock100.0
    Unlock$197,000$338,100
  99.6  Unlock100.0
    Unlock83.9100.0
  92.1  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
Crime

The premier source for comprehensive city data for over 30 years.

© Best Places. All rights reserved.