Cost of Living in Chippewa Lake, OH

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

Cost of Living Overview

Overall Index

115.1

100 = national avg

+15.1 vs national average

Living Wage (1 Adult)

$50,624

per year

Living Wage (Family of 4)

$119,658

per year

Cost Index by Category

Housing
111.0
Food
112.3
Transportation
124.6
Healthcare
109.9
Utilities
109.6

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$1,058

per month

2 Bedroom

$1,279

per month

The overall cost of living index in Chippewa Lake is 115.1, which is 15.1% above the national average. Housing costs are above the national average at an index of 111.0. A single adult needs to earn approximately $50,624 per year to cover basic expenses.