Cost of Living in Lima, OH

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

Cost of Living Overview

Overall Index

77.0

100 = national avg

-23.0 vs national average

Living Wage (1 Adult)

$33,863

per year

Living Wage (Family of 4)

$80,040

per year

Cost Index by Category

Housing
76.2
Food
83.1
Transportation
71.4
Healthcare
86.5
Utilities
85.1

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$844

per month

2 Bedroom

$1,108

per month

The overall cost of living index in Lima is 77.0, which is 23.0% below the national average. Housing costs are below the national average at an index of 76.2. A single adult needs to earn approximately $33,863 per year to cover basic expenses.