Cost of Living in Belmont, OH

Cost indexes, living wages, and fair market rents — 2024 Data

Cost of Living Overview

Overall Index

94.8

100 = national avg

-5.2 vs national average

Living Wage (1 Adult)

$41,694

per year

Living Wage (Family of 4)

$98,551

per year

Cost Index by Category

Housing
88.6
Food
98.9
Transportation
97.7
Healthcare
99.1
Utilities
97.0

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$816

per month

2 Bedroom

$991

per month

The overall cost of living index in Belmont is 94.8, which is 5.2% below the national average. Housing costs are below the national average at an index of 88.6. A single adult needs to earn approximately $41,694 per year to cover basic expenses.