Zip 45504 (Springfield, OH) Cost of Living


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with insight into cost of living, crime, climate, and more.
How much do I need to live in Springfield, Ohio?
$2,760 / month
for a family, 48.9% less expensive than the national average A total of $33,120 for the year for a family.
$2,500 / month
for a single person, 47.6% less expensive than the national average A total of $30,000 for the year for a single person.

Springfield cost of living score
77.7
Less expensive
22.3% lower
than the US average
6.0% lower
than the Ohio average
Springfield (zip 45504), Ohio gets a BestPlaces Cost of Living score of 77.7, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 22.3% lower than the U.S. average and 6.0% higher than the average for Ohio.

Zip 45504 (Springfield, OH)

Housing costs in Springfield?
A typical home costs $172,400, which is 49.0% less expensive than the national average of $338,100 and 12.5% less expensive than the average Ohio home, at $197,000. Renting a two-bedroom unit in Springfield costs $980 per month, which is 0.0% cheaper than the national average of $980 and 7.1% more than the state average of $910.

Can I afford Springfield?
To live comfortably in Springfield (zip 45504), Ohio, a minimum annual income of $33,120 for a family, and $30,000 for a single person is recommended.

What does A.I. say about Springfield?
The cost of living in 45504 Springfield, OH is quite reasonable. According to the most recent data, the median home value is $97,400 and the median rent is $658 per month. Property taxes average around 1.6%, which is well below the national average. The overall cost of living in this area is 4% lower than the national average, making it an ideal place to live for those looking for an affordable hometown. Additionally, there are plenty of job opportunities and businesses that can help support a healthy economy in Springfield.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesSpringfieldOhioUnited States
    Unlock82.7100.0
  96.1  Unlock100.0
    Unlock88.7100.0
  56.1  Unlock100.0
    Unlock$197,000$338,100
  99.4  Unlock100.0
    Unlock83.9100.0
  87.9  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
Crime

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