Cost of Living in Springboro, OH
Housing
The housing market plays a significant role in determining the cost of living in Springboro, OH.
- Housing Index: 95.0 / 100
- Median Home Price is: $252,000
- Average Rent (2 BR Apartment): $1450 per month
- Average Rent (2 BR House): $1500 per month
Considering a move to Springboro, OH? With a housing index of 95.0, the affordability of housing is relatively intact compared to the national average. The median home price stands at 252000, making it a feasible option for prospective buyers. Renting a 2-bedroom apartment averages at 1450 and a 2-bedroom house at 1500, which is reasonable for many local residents. This area also boasts overall economic stability and community amenities, making it an attractive choice for families and individuals alike.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Springboro, OH.
- Electricity Price: $15.92 USD (median by state)
- Natural Gas Price: Data is updating (median by state)
- Other Utilities (water, garbage, etc.): $200 per month
Living in Springboro, 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 $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 Springboro is a financially viable option for your relocation.