Cost of Living in Sylvania, OH
Housing
The housing market plays a significant role in determining the cost of living in Sylvania, OH.
- Housing Index: 110.0 / 100
- Median Home Price is: $241000
- Average Rent (2 BR Apartment): $1200 per month
- Average Rent (2 BR House): $1256 per month
Considering a move to Sylvania, OH? With a housing index of 110.0, the market indicates a relatively affordable environment compared to the national average. A median home price of 241000 positions homeownership as a feasible option, while monthly rentals average around 1200 for a 2-bedroom apartment and 1256 for a comparable house. This suggests that living, whether through renting or buying, could be attainable here. Be aware, however, that market trends fluctuate, so it's worth keeping an eye on. Young professionals may find this an appealing destination!
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Sylvania, 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 Sylvania, 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 Sylvania is a financially viable option for your relocation.