Cost of Living in Canfield, OH
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
123.5
100 = national avg
+23.5 vs national average
Living Wage (1 Adult)
$54,330
per year
Living Wage (Family of 4)
$128,416
per year
Cost Index by Category
Housing104.0
Food124.7
Transportation149.4
Healthcare119.8
Utilities115.6
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$771
per month
2 Bedroom
$973
per month
The overall cost of living index in Canfield is 123.5, which is 23.5% above the national average. Housing costs are above the national average at an index of 104.0. A single adult needs to earn approximately $54,330 per year to cover basic expenses.