Cost of Living in South Mount Vernon, OH

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

Cost of Living Overview

Overall Index

90.7

100 = national avg

-9.3 vs national average

Living Wage (1 Adult)

$39,890

per year

Living Wage (Family of 4)

$94,286

per year

Cost Index by Category

Housing
102.7
Food
88.4
Transportation
76.8
Healthcare
90.7
Utilities
93.6

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$862

per month

2 Bedroom

$1,078

per month

The overall cost of living index in South Mount Vernon is 90.7, which is 9.3% below the national average. Housing costs are above the national average at an index of 102.7. A single adult needs to earn approximately $39,890 per year to cover basic expenses.