Cost of Living in Mason, OH
Housing
The housing market plays a significant role in determining the cost of living in Mason, OH.
- Housing Index: 110.0 / 100
- Median Home Price is: $292,500
- Average Rent (2 BR Apartment): $1450 per month
- Average Rent (2 BR House): $1485 per month
In analyzing the housing market of Mason, OH, it’s evident that the housing index stands at 110.0, indicating a moderately expensive climate compared to national averages. The median home price of 292500 reflects a competitive market, while average rents for both a 2-bedroom apartment and house are at 1450 and 1485, suggesting a slight premium on rental properties. Moreover, potential buyers should consider the impact of rising interest rates, which influence mortgage affordability. Make an informed decision by combining this data with lifestyle preferences and job opportunities in the area.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Mason, OH.
- Electricity Price: $15.92 USD (median by state)
- Natural Gas Price: Data is updating (median by state)
- Other Utilities (water, garbage, etc.): $280 per month
Living in Mason, 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 $280 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 Mason is a financially viable option for your relocation.