Cost of Living in Painesville, OH

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

Cost of Living Overview

Overall Index

90.1

100 = national avg

-9.9 vs national average

Living Wage (1 Adult)

$39,636

per year

Living Wage (Family of 4)

$93,685

per year

Cost Index by Category

Housing
98.9
Food
88.6
Transportation
81.7
Healthcare
90.9
Utilities
92.9

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$1,058

per month

2 Bedroom

$1,279

per month

The overall cost of living index in Painesville is 90.1, which is 9.9% below the national average. Housing costs are below the national average at an index of 98.9. A single adult needs to earn approximately $39,636 per year to cover basic expenses.