Cost of Living in Mount Hope, OH

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

Cost of Living Overview

Overall Index

112.5

100 = national avg

+12.5 vs national average

Living Wage (1 Adult)

$49,492

per year

Living Wage (Family of 4)

$116,980

per year

Cost Index by Category

Housing
124.2
Food
104.0
Transportation
107.9
Healthcare
103.2
Utilities
107.2

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$742

per month

2 Bedroom

$973

per month

The overall cost of living index in Mount Hope is 112.5, which is 12.5% above the national average. Housing costs are above the national average at an index of 124.2. A single adult needs to earn approximately $49,492 per year to cover basic expenses.