Cost of Living in Shelby, OH

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

Cost of Living Overview

Overall Index

81.0

100 = national avg

-19.0 vs national average

Living Wage (1 Adult)

$35,643

per year

Living Wage (Family of 4)

$84,247

per year

Cost Index by Category

Housing
71.9
Food
90.3
Transportation
80.7
Healthcare
92.3
Utilities
88.6

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$773

per month

2 Bedroom

$973

per month

The overall cost of living index in Shelby is 81.0, which is 19.0% below the national average. Housing costs are below the national average at an index of 71.9. A single adult needs to earn approximately $35,643 per year to cover basic expenses.