Cost of Living in Rocky river, OH

Housing

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

• Housing Index: 0.0 / 100
• Median Home Price is: $345000
• Average Rent (2 BR Apartment): $0.0 per month
• Average Rent (2 BR House): $0.0 per month

Considering these housing metrics in Rocky river, OH, the median home price stands at an affordable 345000, a favorable indicator for potential homebuyers. However, the housing index is currently at 0.0, which suggests possible fluctuations or a lack of available housing data. Likewise, the average rent for a 2-bedroom apartment and house also stands at 0.0, indicating potential supply shortages or reporting issues. It’s advisable to further investigate the real estate market dynamics in the area, including average rental trends, family amenities, and overall economic stability, before making any decisions.

Utilities

The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Rocky river, 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.): $0.0 per month

Living in Rocky river, 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 0.0 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: 0.0

Median Income

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

• Median Income: $90459

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 Rocky river, 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.