Cost of Living in Malvern, OH
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
61.4
100 = national avg
-38.6 vs national average
Living Wage (1 Adult)
$26,996
per year
Living Wage (Family of 4)
$63,809
per year
Cost Index by Category
Housing63.7
Food71.7
Transportation43.3
Healthcare77.3
Utilities75.7
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$846
per month
2 Bedroom
$1,086
per month
The overall cost of living index in Malvern is 61.4, which is 38.6% below the national average. Housing costs are below the national average at an index of 63.7. A single adult needs to earn approximately $26,996 per year to cover basic expenses.