Cost of Living in Gates Mills, OH
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
244.3
100 = national avg
+144.3 vs national average
Living Wage (1 Adult)
$107,510
per year
Living Wage (Family of 4)
$254,114
per year
Cost Index by Category
Housing287.1
Food184.4
Transportation268.8
Healthcare167.5
Utilities188.1
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 Gates Mills is 244.3, which is 144.3% above the national average. Housing costs are above the national average at an index of 287.1. A single adult needs to earn approximately $107,510 per year to cover basic expenses.