Cost of Living in Cambridge, OH

Population 10,046 · Ohio · Data vintage 2023

45
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Household incomes in Cambridge run well below national norms — a median of $37,900 versus the $74,580 US figure. Housing costs partially offset that gap (typical home values around $116,000). An unemployment rate of 2.2% points to a labor market well on the tight side of the national distribution.

Geographically, Cambridge is about 75 miles south of Akron, the nearest large metro. Housing prices track closely with Akron's $111,000 median.

Cost Overview

Housing 38
Rent 57

Scale: 100 = US national average. Green < 90, Red > 110.

About the Cost of Living in Cambridge

The median home value in Cambridge is $116,000 — 62% below the national median of $305,000. Median rent runs $743/month, 43% lower than the national median of $1,314/month. The median household income of $37,900/year is 49% lower than the US median of $74,580. The local unemployment rate is 2.2%, below the national average of 4.8%. Ohio's top state income tax rate is 3.8% and the combined sales tax is 7.2%. The climate averages highs of 63.3°F and lows of 42.6°F. Overall, Cambridge has a cost of living index of 45 versus the US average of 100, meaning it is 55% less expensive.

🏠 Housing

Median Home Value
$116,000
62% below avg
Zillow Home Value
$215,057
Zillow ZHVI
Median Rent
$743/mo
43% below avg
Price-to-Rent Ratio
13.0x
Favors buying
Property Tax Rate
1.6%
Effective rate

HUD Fair Market Rents by Bedroom

Studio
$686
1 BR
$748
2 BR
$929
3 BR
$1,199
4 BR
$1,374
Owner-occupied 46.5%
Renter-occupied 53.5%

💰 Estimated Monthly Budget

Rent median rent
$743
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,357/mo

Estimates based on median data and national averages. Actual costs vary.

🛒 Food & Groceries

National BLS average prices (2023). Local prices may vary.

🥚
Eggs (dozen)
$0.548
🍞
White Bread (lb)
$1.912
🥩
Ground Beef (lb)
$5.61

🚗 Transportation

Avg Commute
22.7 min
16% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
2.7%

Commute Mode

Drove alone
84.5%
Carpooled
9.9%
Public transit
0.1%
Walked
1.9%
Work from home
2.7%

Utilities

Electricity
$0.176/kWh
0% below avg

📋 Taxes

State Income Tax 3.8%
Total Sales Tax 7.2%
State rate 5.8%
Avg local rate 1.4%
Property Tax 1.6%

💼 Income & Employment

Median Household Income
$37,900
49% below avg
Per Capita Income
$25,229
Unemployment Rate
2.2%
53% below avg
Poverty Rate
29.9%
Labor Force Participation
56.3%

🎓 Education

Bachelor's degree+ 8.3%
Graduate degree 4.8%

👥 Demographics

Median Age 36.9
Male median age 31.7
Female median age 42.6

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
63.3°F
Avg Low
42.6°F
Annual Precip
38.6"
20° 38° 55° 73° 90° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 384252657481858478665343
Low °F 222431415160646254433427
Precip" 2.802.313.243.863.794.293.733.203.122.812.792.63

🏫 Schools

NCES CCD 2019 — public school district data

76.4%
4-Year Graduation Rate
17:1
Student-teacher ratio
10
Public schools
3,445
Total enrollment

Frequently Asked Questions

What is the cost of living in Cambridge, OH?

Cambridge has a cost index of 45 (100 = national average). It is 55% below the national average.

What is average rent in Cambridge, OH?

The median gross rent in Cambridge is $743 per month based on 2023 Census data.

What is the average home price in Cambridge?

The median home value in Cambridge is $116,000 according to Zillow and Census data.

What is the median income in Cambridge?

The median household income in Cambridge is $37,900 per year (2023 ACS 5-year estimates).

What is the sales tax in Cambridge, OH?

The combined state and local sales tax rate in Cambridge is 7.2%. The Ohio state income tax top rate is 3.8%.

Is Cambridge, OH affordable?

Yes, Cambridge is generally considered affordable, with a cost of living index of 45 — about 55% below the US national average of 100.

What is the weather like in Cambridge?

Cambridge has average high temperatures of 63.3°F and average lows of 42.6°F. Annual precipitation is 38.6". Data from NOAA 1991–2020 Climate Normals.

Cambridge at a Glance

Population
10,046
Median Income
$37,900
Home Value
$116,000
Median Rent
$743/mo
Unemployment
2.2%
Avg High Temp
63.3°F
Sales Tax
7.2%
View all cities in Ohio →
🗺️ County data for Ohio

Explore county-level cost of living data

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