Cost of Living in Mansfield, OH

Housing

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

• Housing Index: 75.5 / 100
• Median Home Price is: $139000
• Average Rent (2 BR Apartment): $800 per month
• Average Rent (2 BR House): $840 per month

Considering your interest in moving to Mansfield, OH, the housing situation appears favorable with a housing index of 75.5. The median home price of 139000 is quite competitive, especially when compared to the average rent for a 2-bedroom apartment at 800 and a house at 840. This suggests homeownership might be more feasible than renting long-term. Additionally, with rising home values in many areas, investing in property now could provide significant long-term benefits. Evaluate these factors carefully to inform your decision.

Utilities

The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Mansfield, 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 Mansfield, 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: 87.2

Median Income

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

• Median Income: $40996

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.

• Click here for more information

Summary

When considering a move to Mansfield, 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.