Cost of Living in Magnolia, OH

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

Cost of Living Overview

Overall Index

98.0

100 = national avg

-2.0 vs national average

Living Wage (1 Adult)

$43,103

per year

Living Wage (Family of 4)

$101,881

per year

Cost Index by Category

Housing
80.2
Food
106.0
Transportation
111.9
Healthcare
104.8
Utilities
99.6

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$846

per month

2 Bedroom

$1,086

per month

The overall cost of living index in Magnolia is 98.0, which is 2.0% below the national average. Housing costs are below the national average at an index of 80.2. A single adult needs to earn approximately $43,103 per year to cover basic expenses.