Cost of Living in Georgetown, OH
Population 4,147 · Ohio · Data vintage 2023
(100 = US avg)
Household incomes in Georgetown run well below national norms — a median of $40,283 versus the $74,580 US figure. Housing costs partially offset that gap (typical home values around $109,000). Around 33% of residents live below the federal poverty line, a rate that tends to correlate with the income and housing figures above.
Located 40 miles southeast of Cincinnati, Georgetown falls within that metro's commuting orbit. Median home values run roughly 49% lower than Cincinnati's $215,000.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Georgetown
The median home value in Georgetown is $108,900 — 64% below the national median of $305,000. Median rent runs $710/month, 46% lower than the national median of $1,314/month. The median household income of $40,283/year is 46% lower than the US median of $74,580. The local unemployment rate is 4.1%, 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%. Overall, Georgetown has a cost of living index of 43 versus the US average of 100, meaning it is 57% less expensive.
Georgetown has limited residential data
Detailed housing and income data is limited for this location. Here are the nearest cities with full cost of living data:
🏠 Housing
HUD Fair Market Rents by Bedroom
💰 Estimated Monthly Budget
Estimates based on median data and national averages. Actual costs vary.
🛒 Food & Groceries
National BLS average prices (2023). Local prices may vary.
🚗 Transportation
Commute Mode
⚡ Utilities
📋 Taxes
💼 Income & Employment
🎓 Education
👥 Demographics
🏫 Schools
NCES CCD 2019 — public school district data
Frequently Asked Questions
What is the cost of living in Georgetown, OH?
Georgetown has a cost index of 43 (100 = national average). It is 57% below the national average.
What is average rent in Georgetown, OH?
The median gross rent in Georgetown is $710 per month based on 2023 Census data.
What is the average home price in Georgetown?
The median home value in Georgetown is $108,900 according to Zillow and Census data.
What is the median income in Georgetown?
The median household income in Georgetown is $40,283 per year (2023 ACS 5-year estimates).
What is the sales tax in Georgetown, OH?
The combined state and local sales tax rate in Georgetown is 7.2%. The Ohio state income tax top rate is 3.8%.
Is Georgetown, OH affordable?
Yes, Georgetown is generally considered affordable, with a cost of living index of 43 — about 57% below the US national average of 100.
Georgetown at a Glance
- Population
- 4,147
- Median Income
- $40,283
- Home Value
- $108,900
- Median Rent
- $710/mo
- Unemployment
- 4.1%
- Sales Tax
- 7.2%
Nearby Cities
Explore county-level cost of living data
Ohio Rankings
Similar Cost Cities
Cities in other states with comparable housing costs