Cost of Living in McDermott, OH
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
46.8
100 = national avg
-53.2 vs national average
Living Wage (1 Adult)
$20,614
per year
Living Wage (Family of 4)
$48,724
per year
Cost Index by Category
Housing37.1
Utilities81.1
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$808
per month
2 Bedroom
$973
per month
The overall cost of living index in McDermott is 46.8, which is 53.2% below the national average. Housing costs are below the national average at an index of 37.1. A single adult needs to earn approximately $20,614 per year to cover basic expenses.