Cost of Living in Magnetic Springs, OH
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
95.0
100 = national avg
-5.0 vs national average
Living Wage (1 Adult)
$41,810
per year
Living Wage (Family of 4)
$98,825
per year
Cost Index by Category
Housing88.2
Food99.3
Transportation98.6
Healthcare99.4
Utilities97.2
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,125
per month
2 Bedroom
$1,433
per month
The overall cost of living index in Magnetic Springs is 95.0, which is 5.0% below the national average. Housing costs are below the national average at an index of 88.2. A single adult needs to earn approximately $41,810 per year to cover basic expenses.