Cost of Living in Otway, OH
Housing
The housing market plays a significant role in determining the cost of living in Otway, OH.
- Housing Index: Data is updating
- Median Home Price is: $127,000
- Average Rent (2 BR Apartment): Data is updating
- Average Rent (2 BR House): Data is updating
When considering a move to Otway, OH, the current housing data presents an interesting picture. The median home price is only 127000, suggesting potential affordability compared to national norms. However, the lack of data on rental prices, with average rent for a 2-bedroom apartment and house both listed as zero, leaves uncertainty regarding the rental market. This could indicate a tight or untracked housing supply. Prospective residents should also consider local amenities, job opportunities, and long-term growth trends that can impact future housing availability and desirability.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Otway, OH.
- Electricity Price: $15.92 USD (median by state)
- Natural Gas Price: Data is updating (median by state)
- Other Utilities (water, garbage, etc.): Data is updating
Living in Otway, 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 data unavailable 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 Otway is a financially viable option for your relocation.