Cost of Living in Melrose, OH

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

Cost of Living Overview

Overall Index

102.3

100 = national avg

+2.3 vs national average

Living Wage (1 Adult)

$45,022

per year

Living Wage (Family of 4)

$106,415

per year

Cost Index by Category

Housing
60.0
Food
119.2
Transportation
138.4
Healthcare
115.4
Utilities
103.5

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$780

per month

2 Bedroom

$973

per month

The overall cost of living index in Melrose is 102.3, which is 2.3% above the national average. Housing costs are below the national average at an index of 60.0. A single adult needs to earn approximately $45,022 per year to cover basic expenses.