Zip 44262 (Munroe Falls, OH) Cost of Living


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Munroe Falls cost of living score
80.8
Less expensive
19.2% lower
than the US average
2.3% lower
than the Ohio average
Munroe Falls (zip 44262), Ohio gets a BestPlaces Cost of Living score of 80.8, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 19.2% lower than the U.S. average and 2.3% higher than the average for Ohio.

Zip 44262 (Munroe Falls, OH)

Housing costs in Munroe Falls?
A typical home costs $225,900, which is 33.2% less expensive than the national average of $338,100 and 14.7% more expensive than the average Ohio home, at $197,000. Renting a two-bedroom unit in Munroe Falls costs $920 per month, which is 6.1% cheaper than the national average of $980 and 12.0% cheaper than the state average of $1,030.

Can I afford Munroe Falls?
To live comfortably in Munroe Falls (zip 44262), Ohio, a minimum annual income of $43,200 for a family, and $28,800 for a single person is recommended.

What does A.I. say about Munroe Falls?
The cost of living in Munroe Falls 44262 is quite reasonable. The city has a low unemployment rate and an average median household income, making it an ideal place to live. Housing costs are relatively low compared to other cities in Ohio, and the cost of groceries, utilities, and healthcare are also lower than the national average. Additionally, there are plenty of restaurants with affordable options for dining out with friends and family. Transportation is also convenient and cost-efficient, making it easy for people to get around town without breaking the bank. All things considered, living in Munroe Falls is a great choice for those looking for a comfortable lifestyle at an affordable price point.
   Cost of living score
     CategoriesMunroe FallsOhioUnited States
  80.882.7100.0
  98.796.1100
  87.288.7100.0
  71.261.6100.0
  $225,900$197,000$338,100
  90.3%100.0%100.0%
  78.383.9100.0
  109.089.3100.0

   100=National Average

   Average Rent by Bedroom Size
Crime