Cost of Living in Westerville, OH

Housing

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

• Housing Index: 110.0 / 100
• Median Home Price is: $305000
• Average Rent (2 BR Apartment): $1400 per month
• Average Rent (2 BR House): $1440 per month

Considering a move to Westerville, OH? With a housing index of 110.0, the market is slightly above the national average, indicating a competitive environment. The median home price stands at 305000, making homeownership an attainable option for many. Average rents for a 2-bedroom apartment and house are 1400 and 1440, respectively. It’s crucial to weigh these costs against local income levels and lifestyle needs to ensure a balanced and informed decision. Additionally, investigating amenities, schools, and community vibes can further support your relocation choice.

Utilities

The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Westerville, 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.): $250 per month

Living in Westerville, 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 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 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: 105.3

Median Income

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

• Median Income: $103617

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 Westerville, 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.