Cost of Living in Amherst, OH
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
121.1
100 = national avg
+21.1 vs national average
Living Wage (1 Adult)
$53,264
per year
Living Wage (Family of 4)
$125,896
per year
Cost Index by Category
Housing106.1
Food121.1
Transportation142.2
Healthcare116.9
Utilities113.9
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,058
per month
2 Bedroom
$1,279
per month
The overall cost of living index in Amherst is 121.1, which is 21.1% above the national average. Housing costs are above the national average at an index of 106.1. A single adult needs to earn approximately $53,264 per year to cover basic expenses.