Cost of Living in Elmwood Place, OH
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
67.5
100 = national avg
-32.5 vs national average
Living Wage (1 Adult)
$29,697
per year
Living Wage (Family of 4)
$70,192
per year
Cost Index by Category
Housing58.9
Food80.6
Transportation61.1
Healthcare84.4
Utilities80.1
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,051
per month
2 Bedroom
$1,353
per month
The overall cost of living index in Elmwood Place is 67.5, which is 32.5% below the national average. Housing costs are below the national average at an index of 58.9. A single adult needs to earn approximately $29,697 per year to cover basic expenses.