Cost of Living in Independence, OH
Population 7,543 · Ohio · Data vintage 2023
(100 = US avg)
Independence sits on the smaller end of the Ohio city distribution. That scale shapes the housing market, the labor pool, and the services available to residents in ways the data below makes visible. An unemployment rate of 1.5% points to a labor market well on the tight side of the national distribution.
Geographically, Independence sits roughly 7 miles southeast of Cleveland. Median home values run roughly 225% higher than Cleveland's $94,000.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Independence
The median home value in Independence is $305,500 — equal to the national median of $305,000. Median rent runs $1,547/month, 18% higher than the national median of $1,314/month. The median household income of $114,049/year is 53% higher than the US median of $74,580. The local unemployment rate is 1.5%, 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 58.9°F and lows of 45.8°F. Overall, Independence has a cost of living index of 107 versus the US average of 100, meaning it is 7% more expensive.
Independence 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
🌤 Climate
NOAA 1991–2020 Climate Normals
| Month | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| High °F | 35 | 37 | 45 | 57 | 68 | 77 | 81 | 80 | 74 | 63 | 51 | 40 |
| Low °F | 24 | 25 | 31 | 41 | 53 | 63 | 68 | 67 | 60 | 49 | 38 | 30 |
| Precip" | 1.76 | 1.53 | 2.35 | 3.10 | 3.51 | 2.84 | 3.66 | 3.45 | 2.94 | 3.24 | 2.92 | 2.04 |
💨 Air Quality
EPA AQS 2023 — county-level monitoring data
🏫 Schools
NCES CCD 2019 — public school district data
Frequently Asked Questions
What is the cost of living in Independence, OH?
Independence has a cost index of 107 (100 = national average). It is 7% above the national average.
What is average rent in Independence, OH?
The median gross rent in Independence is $1,547 per month based on 2023 Census data.
What is the average home price in Independence?
The median home value in Independence is $305,500 according to Zillow and Census data.
What is the median income in Independence?
The median household income in Independence is $114,049 per year (2023 ACS 5-year estimates).
What is the sales tax in Independence, OH?
The combined state and local sales tax rate in Independence is 7.2%. The Ohio state income tax top rate is 3.8%.
Is Independence, OH affordable?
Independence is near the national average in terms of cost of living, with an index of 107 (100 = US average).
What is the weather like in Independence?
Independence has average high temperatures of 58.9°F and average lows of 45.8°F. Annual precipitation is 33.3". Data from NOAA 1991–2020 Climate Normals.
Independence at a Glance
- Population
- 7,543
- Median Income
- $114,049
- Home Value
- $305,500
- Median Rent
- $1,547/mo
- Unemployment
- 1.5%
- Avg High Temp
- 58.9°F
- 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