Cost of Living in Stow, OH
Housing
The housing market plays a significant role in determining the cost of living in Stow, OH.
- Housing Index: 90.0 / 100
- Median Home Price is: $227,000
- Average Rent (2 BR Apartment): $1200 per month
- Average Rent (2 BR House): $1160 per month
Considering the data, Stow, OH presents an attractive housing landscape with a housing index of 90.0. The median home price of 227000 suggests affordability compared to many parts of the country. Renting options show reasonable rates, with an average rent of 1200 for a 2-bedroom apartment and 1160 for a 2-bedroom house. For families or young professionals, this combination is appealing. Additionally, it’s beneficial to consider more local amenities and community factors that might enhance the overall living experience in Stow.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Stow, 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 Stow, 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 Stow is a financially viable option for your relocation.