Cost of Living in Tallmadge, OH
Housing
The housing market plays a significant role in determining the cost of living in Tallmadge, OH.
- Housing Index: 95.0 / 100
- Median Home Price is: $210,000
- Average Rent (2 BR Apartment): $1200 per month
- Average Rent (2 BR House): $1280 per month
Considering the provided data for Tallmadge, OH, the housing index stands at 95.0, indicating a slight advantage for homebuyers compared to national trends. The median home price is 210000, which is well below the national average, making it an attractive option for potential homeowners. Renting remains competitive, with average rents at 1200 for a 2-bedroom apartment and 1280 for a 2-bedroom house. Overall, Tallmadge presents a promising opportunity for individuals or families looking for affordable housing options without sacrificing quality of life or amenities.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Tallmadge, 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 Tallmadge, 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 Tallmadge is a financially viable option for your relocation.