Cost of Living in Hamilton, OH

Population 63,124 · Ohio · Data vintage 2023

Cost Index
(100 = US avg)

Page updated: April 2026 · Data vintage: 2023 ACS 5-Year

Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

The Hamilton cost-of-living profile is closer to the US median than most headline-grabbing metros — typical homes around $152,000, rents near $974 a month.

Geographically, Hamilton sits roughly 20 miles north of Cincinnati. Median home values run roughly 29% lower than Cincinnati's $215,000.

Cost Overview

Housing 50

Rent 74

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

About the Cost of Living in Hamilton

The median home value in Hamilton is $152,300 — 50% below the national median of $305,000. Median rent runs $974/month, 26% lower than the national median of $1,314/month. The median household income of $54,293/year is 27% lower than the US median of $74,580. The local unemployment rate is 6.0%, 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 65.1°F and lows of 42.5°F. Overall, Hamilton has a cost of living index of 60 versus the US average of 100, meaning it is 40% less expensive.

🏠 Housing

Median Home Value

$152,300

50% below avg

Zillow Home Value

$293,532

Zillow ZHVI

Median Rent

$974/mo

26% below avg

Zillow Rent

$1,423/mo

Zillow ZORI

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 54.4%

Renter-occupied 45.6%

💰 Estimated Monthly Budget

Rent median rent

$974

Groceries national estimate

$400

Utilities local estimate

$88

Transportation local gas prices

$126

Estimated Total $1,588/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

27.0 min

0% below avg

Gas Price

$3.145/gal

0% below avg

Work From Home

5.6%

Commute Mode

Drove alone

76.8%

Carpooled

13.1%

Public transit

0.7%

Walked

2.2%

Bicycle

0.3%

Work from home

5.6%

⚡ 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

$54,293

27% below avg

Per Capita Income

$28,015

Unemployment Rate

6.0%

24% above avg

Poverty Rate

18.8%

Labor Force Participation

60.7%

🎓 Education

Bachelor's degree+ 11.3%

Graduate degree 4.4%

👥 Demographics

Median Age 34.7

Male median age 34.3

Female median age 35.3

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High

65.1°F

Avg Low

42.5°F

Annual Precip

41.4"

Month	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sep	Oct	Nov	Dec
High °F	40	44	54	67	75	83	87	86	80	68	55	44
Low °F	22	23	32	42	52	61	64	62	54	42	32	26
Precip"	2.91	2.41	3.49	4.63	4.59	4.06	3.67	2.95	3.04	3.17	3.16	3.34

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 56 — Moderate

29.3%

Good air days/yr

197

Max AQI recorded

287

PM2.5 days

Ozone days

🏫 Schools

NCES CCD 2019 — public school district data

82.3%

4-Year Graduation Rate

19:1

Student-teacher ratio

Public schools

13,404

Total enrollment

Frequently Asked Questions

What is the cost of living in Hamilton, OH?

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

What is average rent in Hamilton, OH?

The median gross rent in Hamilton is $974 per month based on 2023 Census data.

What is the average home price in Hamilton?

The median home value in Hamilton is $152,300 according to Zillow and Census data.

What is the median income in Hamilton?

The median household income in Hamilton is $54,293 per year (2023 ACS 5-year estimates).

What is the sales tax in Hamilton, OH?

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

Is Hamilton, OH affordable?

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

What is the weather like in Hamilton?

Hamilton has average high temperatures of 65.1°F and average lows of 42.5°F. Annual precipitation is 41.4". Data from NOAA 1991–2020 Climate Normals.

Hamilton at a Glance

Population: 63,124
Median Income: $54,293
Home Value: $152,300
Median Rent: $974/mo
Unemployment: 6.0%
Avg High Temp: 65.1°F
Sales Tax: 7.2%

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