Cost of Living in Bay Village, OH
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
147.6
100 = national avg
+47.6 vs national average
Living Wage (1 Adult)
$64,943
per year
Living Wage (Family of 4)
$153,500
per year
Cost Index by Category
Housing149.9
Food143.3
Transportation123.8
Healthcare134.6
Utilities136.0
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 Bay Village is 147.6, which is 47.6% above the national average. Housing costs are above the national average at an index of 149.9. A single adult needs to earn approximately $64,943 per year to cover basic expenses.