Cost of Living in Loudonville, OH
Housing
The housing market plays a significant role in determining the cost of living in Loudonville, OH.
- Housing Index: 95.0 / 100
- Median Home Price is: $121,000
- Average Rent (2 BR Apartment): $1200 per month
- Average Rent (2 BR House): $1230 per month
Considering moving to Loudonville, OH? The housing index is at a competitive 95.0, indicating a relatively affordable housing market compared to national averages. With a median home price of 121000, purchasing a home may be more achievable for many. Rentals are also reasonable, with an average rent of 1200 for a 2-bedroom apartment and 1230 for a 2-bedroom house. This environment makes Loudonville an attractive option for potential residents, especially those looking to balance living costs without sacrificing quality of life.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Loudonville, OH.
- Electricity Price: $15.92 USD (median by state)
- Natural Gas Price: Data is updating (median by state)
- Other Utilities (water, garbage, etc.): $250 per month
Living in Loudonville, OH could entail higher utility costs. Electricity costs sit at $15.92, while natural gas is priced at data unavailable per Thousand Cubic Feet — both aligning with state medians. Expect to budget about $250 monthly for other services like water and garbage. These utility expenses are vital considerations as they directly influence monthly living costs. Comparing these rates to other cities may help ascertain if Loudonville is a financially viable option for your relocation.