Cost of Living in Greenfield, OH

Population 4,047 · Ohio · Data vintage 2023

40
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Household incomes in Greenfield run well below national norms — a median of $46,513 versus the $74,580 US figure. Housing costs partially offset that gap (typical home values around $97,000). A poverty rate near 23% adds context to the income figures — well above the US average, and worth factoring into any comparison with cities on the coasts or in the Rockies.

Greenfield is about 50 miles southwest of Columbus, the nearest large metro — close enough that regional housing and labor patterns are shaped largely by the larger market. Median home values run roughly 59% lower than Columbus' $235,000.

Cost Overview

Housing 32
Rent 51

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

About the Cost of Living in Greenfield

The median home value in Greenfield is $96,600 — 68% below the national median of $305,000. Median rent runs $676/month, 49% lower than the national median of $1,314/month. The median household income of $46,513/year is 38% lower than the US median of $74,580. The local unemployment rate is 6.3%, above 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 62.4°F and lows of 42.8°F. Overall, Greenfield has a cost of living index of 40 versus the US average of 100, meaning it is 60% less expensive.

🏠 Housing

Median Home Value
$96,600
68% below avg
Zillow Home Value
$444,614
Zillow ZHVI
Median Rent
$676/mo
49% below avg
Price-to-Rent Ratio
11.9x
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 50.0%
Renter-occupied 50.0%

💰 Estimated Monthly Budget

Rent median rent
$676
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,290/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
26.7 min
1% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
3.5%

Commute Mode

Drove alone
71.2%
Carpooled
19.9%
Walked
4.5%
Work from home
3.5%

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
$46,513
38% below avg
Per Capita Income
$23,552
Unemployment Rate
6.3%
32% above avg
Poverty Rate
22.9%
Labor Force Participation
56.2%

🎓 Education

Bachelor's degree+ 8.3%
Graduate degree 3.0%

👥 Demographics

Median Age 37.5
Male median age 39
Female median age 37.3

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
62.4°F
Avg Low
42.8°F
Annual Precip
42.4"
20° 38° 55° 73° 90° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 374151647382848377655241
Low °F 212432425260636154443427
Precip" 2.912.733.634.464.634.643.883.162.933.203.053.18

🏫 Schools

NCES CCD 2019 — public school district data

92%
4-Year Graduation Rate
17.3:1
Student-teacher ratio
5
Public schools
1,941
Total enrollment

Frequently Asked Questions

What is the cost of living in Greenfield, OH?

Greenfield has a cost index of 40 (100 = national average). It is 60% below the national average.

What is average rent in Greenfield, OH?

The median gross rent in Greenfield is $676 per month based on 2023 Census data.

What is the average home price in Greenfield?

The median home value in Greenfield is $96,600 according to Zillow and Census data.

What is the median income in Greenfield?

The median household income in Greenfield is $46,513 per year (2023 ACS 5-year estimates).

What is the sales tax in Greenfield, OH?

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

Is Greenfield, OH affordable?

Yes, Greenfield is generally considered affordable, with a cost of living index of 40 — about 60% below the US national average of 100.

What is the weather like in Greenfield?

Greenfield has average high temperatures of 62.4°F and average lows of 42.8°F. Annual precipitation is 42.4". Data from NOAA 1991–2020 Climate Normals.

Greenfield at a Glance

Population
4,047
Median Income
$46,513
Home Value
$96,600
Median Rent
$676/mo
Unemployment
6.3%
Avg High Temp
62.4°F
Sales Tax
7.2%
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Explore county-level cost of living data

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