Cost of Living in Madeira, OH

Population 9,454 · Ohio · Data vintage 2023

153
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Under 25,000 residents gives Madeira a small-town character that shows up in every data point below — from the commute patterns to the rental inventory. A typical home runs $464,000. The labor market has been unusually tight, with unemployment around 2.8% — below most comparable cities in the state.

Geographically, Madeira sits roughly 8 miles east of Cincinnati. Median home values run roughly 115% higher than Cincinnati's $215,000.

Cost Overview

Housing 152
Rent 155

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

About the Cost of Living in Madeira

The median home value in Madeira is $463,600 — 52% above the national median of $305,000. Median rent runs $2,031/month, 55% higher than the national median of $1,314/month. The median household income of $168,981/year is 127% higher than the US median of $74,580. The local unemployment rate is 2.8%, 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 65.4°F and lows of 44.2°F. Overall, Madeira has a cost of living index of 153 versus the US average of 100, meaning it is 53% more expensive.

🏠 Housing

Median Home Value
$463,600
52% above avg
Zillow Home Value
$519,039
Zillow ZHVI
Median Rent
$2,031/mo
55% above avg
Price-to-Rent Ratio
19.0x
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 87.9%
Renter-occupied 12.1%

💰 Estimated Monthly Budget

Rent median rent
$2,031
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $2,645/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
20.5 min
24% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
27.8%

Commute Mode

Drove alone
69.5%
Carpooled
2.1%
Walked
0.6%
Work from home
27.8%

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
$168,981
127% above avg
Per Capita Income
$86,745
Unemployment Rate
2.8%
41% below avg
Poverty Rate
2.3%
Labor Force Participation
67.8%

🎓 Education

Bachelor's degree+ 39.8%
Graduate degree 32.0%

👥 Demographics

Median Age 38
Male median age 38.5
Female median age 37.5

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
65.4°F
Avg Low
44.2°F
Annual Precip
43.4"
20° 38° 55° 73° 90° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 414555677583878680685545
Low °F 242633435361656456443428
Precip" 2.862.793.944.374.704.614.393.393.073.052.913.32

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 54 — Moderate
35.3%
Good air days/yr
193
Max AQI recorded
260
PM2.5 days
103
Ozone days

Frequently Asked Questions

What is the cost of living in Madeira, OH?

Madeira has a cost index of 153 (100 = national average). It is 53% above the national average.

What is average rent in Madeira, OH?

The median gross rent in Madeira is $2,031 per month based on 2023 Census data.

What is the average home price in Madeira?

The median home value in Madeira is $463,600 according to Zillow and Census data.

What is the median income in Madeira?

The median household income in Madeira is $168,981 per year (2023 ACS 5-year estimates).

What is the sales tax in Madeira, OH?

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

Is Madeira, OH affordable?

Madeira is above average in cost of living, with an index of 153 — about 53% higher than the national average.

What is the weather like in Madeira?

Madeira has average high temperatures of 65.4°F and average lows of 44.2°F. Annual precipitation is 43.4". Data from NOAA 1991–2020 Climate Normals.

Madeira at a Glance

Population
9,454
Median Income
$168,981
Home Value
$463,600
Median Rent
$2,031/mo
Unemployment
2.8%
Avg High Temp
65.4°F
Sales Tax
7.2%
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Explore county-level cost of living data

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