Cost of Living in Avon lake, OH

Housing

The housing market plays a significant role in determining the cost of living in Avon lake, OH.

  • Housing Index: 85.0 / 100
  • Median Home Price is: $300000
  • Average Rent (2 BR Apartment): $1200 per month
  • Average Rent (2 BR House): $1360 per month

Considering a move to Avon lake, OH? With a housing index of 85.0, the market appears moderately affordable compared to national averages. The median home price is 300000, making homeownership attainable, while the average rent for a 2-bedroom apartment is 1200 and 1360 for a house. It's essential to weigh the housing options depending on your lifestyle—renting may provide flexibility, while buying could build equity long-term. As a bonus, research local amenities, schools, and employment opportunities to finalize your decision.

Utilities

The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Avon lake, 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 Avon lake, 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 Avon lake is a financially viable option for your relocation.