Zip 43050 (Mount Vernon, OH) Cost of Living


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Mount Vernon cost of living score
81.5
Less expensive
18.5% lower
than the US average
1.5% lower
than the Ohio average
Mount Vernon (zip 43050), Ohio gets a BestPlaces Cost of Living score of 81.5, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 18.5% lower than the U.S. average and 1.5% higher than the average for Ohio.

Zip 43050 (Mount Vernon, OH)

Housing costs in Mount Vernon?
A typical home costs $195,200, which is 42.3% less expensive than the national average of $338,100 and 0.9% less expensive than the average Ohio home, at $197,000. Renting a two-bedroom unit in Mount Vernon costs $900 per month, which is 8.2% cheaper than the national average of $980 and 4.4% more than the state average of $860.

Can I afford Mount Vernon?
To live comfortably in Mount Vernon (zip 43050), Ohio, a minimum annual income of $37,440 for a family, and $28,800 for a single person is recommended.

What does A.I. say about Mount Vernon?
The cost of living in 43050 Mount Vernon, OH is relatively low. According to the US Census Bureau, the median household income for Mount Vernon is approximately $40,000 and the median home value is around $93,100. The overall cost of living index in this zip code is 85.5 which is lower than the national average of 100. Additionally, groceries, health care, and utilities all cost less than the national average when compared to other cities throughout the United States. This makes living in 43050 Mount Vernon an affordable option for those looking to relocate or purchase a home.
   Cost of living score
     CategoriesMount VernonOhioUnited States
  81.582.7100.0
  95.996.1100
  99.088.7100.0
  52.861.6100.0
  $195,200$197,000$338,100
  101.8%100.0%100.0%
  67.183.9100.0
  95.689.3100.0

   100=National Average

   Average Rent by Bedroom Size
Crime