Cost of Living in Timberlake, OH

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

Cost of Living Overview

Overall Index

118.4

100 = national avg

+18.4 vs national average

Living Wage (1 Adult)

$52,115

per year

Living Wage (Family of 4)

$123,181

per year

Cost Index by Category

Housing
126.3
Food
109.8
Transportation
119.6
Healthcare
107.8
Utilities
111.1

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 Timberlake is 118.4, which is 18.4% above the national average. Housing costs are above the national average at an index of 126.3. A single adult needs to earn approximately $52,115 per year to cover basic expenses.