Cost of Living in London, OH

Population 10,403 · Ohio · Data vintage 2023

66
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

London 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.

Geographically, London is about 25 miles west of Columbus, the nearest large metro. Median home values run roughly 17% lower than Columbus' $235,000.

Cost Overview

Housing 64
Rent 69

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

About the Cost of Living in London

The median home value in London is $194,800 — 36% below the national median of $305,000. Median rent runs $912/month, 31% lower than the national median of $1,314/month. The median household income of $60,364/year is 19% lower than the US median of $74,580. The local unemployment rate is 5.4%, 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 62.1°F and lows of 42.6°F. Overall, London has a cost of living index of 66 versus the US average of 100, meaning it is 34% less expensive.

🏠 Housing

Median Home Value
$194,800
36% below avg
Zillow Home Value
$276,473
Zillow ZHVI
Median Rent
$912/mo
31% below avg
Price-to-Rent Ratio
17.8x
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 64.1%
Renter-occupied 35.9%

💰 Estimated Monthly Budget

Rent median rent
$912
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,526/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
23.6 min
13% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
12.2%

Commute Mode

Drove alone
75.8%
Carpooled
8.3%
Public transit
0.1%
Walked
2.3%
Work from home
12.2%

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
$60,364
19% below avg
Per Capita Income
$36,045
Unemployment Rate
5.4%
12% above avg
Poverty Rate
12.5%
Labor Force Participation
62.8%

🎓 Education

Bachelor's degree+ 15.5%
Graduate degree 5.5%

👥 Demographics

Median Age 41
Male median age 37.5
Female median age 43.5

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
62.1°F
Avg Low
42.6°F
Annual Precip
35.8"
20° 38° 55° 73° 90° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 364050637381848377655140
Low °F 212331415160646255433426
Precip" 2.221.942.993.543.854.053.723.053.002.522.362.52

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 44 — Good
81.1%
Good air days/yr
105
Max AQI recorded
0
PM2.5 days
243
Ozone days

🏫 Schools

NCES CCD 2019 — public school district data

90.3%
4-Year Graduation Rate
18.2:1
Student-teacher ratio
7
Public schools
3,328
Total enrollment

Frequently Asked Questions

What is the cost of living in London, OH?

London has a cost index of 66 (100 = national average). It is 34% below the national average.

What is average rent in London, OH?

The median gross rent in London is $912 per month based on 2023 Census data.

What is the average home price in London?

The median home value in London is $194,800 according to Zillow and Census data.

What is the median income in London?

The median household income in London is $60,364 per year (2023 ACS 5-year estimates).

What is the sales tax in London, OH?

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

Is London, OH affordable?

Yes, London is generally considered affordable, with a cost of living index of 66 — about 34% below the US national average of 100.

What is the weather like in London?

London has average high temperatures of 62.1°F and average lows of 42.6°F. Annual precipitation is 35.8". Data from NOAA 1991–2020 Climate Normals.

London at a Glance

Population
10,403
Median Income
$60,364
Home Value
$194,800
Median Rent
$912/mo
Unemployment
5.4%
Avg High Temp
62.1°F
Sales Tax
7.2%
View all cities in Ohio →
🗺️ County data for Ohio

Explore county-level cost of living data

Similar Cost Cities

Cities in other states with comparable housing costs