Cost of Living in Munroe Falls, OH

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

Cost of Living Overview

Overall Index

120.7

100 = national avg

+20.7 vs national average

Living Wage (1 Adult)

$53,088

per year

Living Wage (Family of 4)

$125,481

per year

Cost Index by Category

Housing
138.0
Food
107.4
Transportation
114.8
Healthcare
105.9
Utilities
112.0

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$985

per month

2 Bedroom

$1,268

per month

The overall cost of living index in Munroe Falls is 120.7, which is 20.7% above the national average. Housing costs are above the national average at an index of 138.0. A single adult needs to earn approximately $53,088 per year to cover basic expenses.