Cost of Living in Niles, OH
Housing
The housing market plays a significant role in determining the cost of living in Niles, OH.
- Housing Index: 88.5 / 100
- Median Home Price is: $131,000
- Average Rent (2 BR Apartment): $820 per month
- Average Rent (2 BR House): $872 per month
Considering moving to Niles, OH? The housing index of 88.5 suggests a moderately affordable market. With a median home price of 131000, homeownership could be a feasible option. Renting remains economical, with average rents for a 2-bedroom apartment at 820 and a house about 872. This attractive rental landscape alongside relatively low purchase prices may appeal to both first-time buyers and renters eager to enjoy urban amenities. Evaluate your lifestyle alongside these numbers to make an informed decision about your potential move.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Niles, 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 Niles, 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 Niles is a financially viable option for your relocation.