Cost of Living in Cambridge, OH

Housing

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

• Housing Index: 80.2 / 100
• Median Home Price is: $134500
• Average Rent (2 BR Apartment): $800 per month
• Average Rent (2 BR House): $816 per month

Considering a move to Cambridge, OH? With a housing index of 80.2, affordability appears favorable. The median home price is a reasonable 134500, making home ownership attainable compared to national averages. Additionally, average rents are competitive, at 800 for a 2-bedroom apartment and 816 for a 2-bedroom house. It's important to consider the overall cost of living, local job opportunities, and amenities when making your decision. As of October 2023, this market seems inviting for both renters and potential homeowners alike!

Utilities

The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Cambridge, OH.

• Electricity Price: 15.92 USD (median by state)
• Natural Gas Price: $None USD per Thousand Cubic Feet (median by state)
• Other Utilities (water, garbage, etc.): $200 per month

Living in Cambridge, OH could entail higher utility costs. Electricity costs sit at 15.92, while natural gas is priced at None per Thousand Cubic Feet—both aligning with state medians. Expect to budget about 200 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 Bethlehem is a financially viable option for your relocation.

Cost of Living Index

The cost of living index is a widely used metric to determine the relative affordability of cities and towns.

• Index score: 85.4

Median Income

The median income is an important factor to consider when evaluating the affordability of a city or town.

• Median Income: $39589

Educational and Social Amenities

Access to quality education, healthcare, and social services can significantly impact the overall quality of life in a city or town.

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Summary

When considering a move to Cambridge, OH, consider the following factors:

• Taxes: State income, property, and local income taxes can significantly impact your take-home pay.
• Job opportunities: The availability of jobs in your field can affect your quality of life.
• Cost of living: Housing costs, utilities, transportation, and other expenses should be considered when evaluating the affordability of a city or town.