Cost of Living in Mentor-on-the-Lake, OH
Population 7,117 · Ohio · Data vintage 2023
(100 = US avg)
Under 25,000 residents gives Mentor-on-the-Lake a small-town character that shows up in every data point below — from the commute patterns to the rental inventory. A typical home runs $171,000. The labor market has been unusually tight, with unemployment around 1.9% — below most comparable cities in the state.
Geographically, Mentor-on-the-Lake sits roughly 25 miles northeast of Cleveland. Median home values run roughly 82% higher than Cleveland's $94,000.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Mentor-on-the-Lake
The median home value in Mentor-on-the-Lake is $171,200 — 44% below the national median of $305,000. Median rent runs $1,021/month, 22% lower than the national median of $1,314/month. The median household income of $61,320/year is 18% lower than the US median of $74,580. The local unemployment rate is 1.9%, 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, Mentor-on-the-Lake has a cost of living index of 65 versus the US average of 100, meaning it is 35% less expensive.
Mentor-on-the-Lake 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
Frequently Asked Questions
What is the cost of living in Mentor-on-the-Lake, OH?
Mentor-on-the-Lake has a cost index of 65 (100 = national average). It is 35% below the national average.
What is average rent in Mentor-on-the-Lake, OH?
The median gross rent in Mentor-on-the-Lake is $1,021 per month based on 2023 Census data.
What is the average home price in Mentor-on-the-Lake?
The median home value in Mentor-on-the-Lake is $171,200 according to 2023 Census ACS data.
What is the median income in Mentor-on-the-Lake?
The median household income in Mentor-on-the-Lake is $61,320 per year (2023 ACS 5-year estimates).
What is the sales tax in Mentor-on-the-Lake, OH?
The combined state and local sales tax rate in Mentor-on-the-Lake is 7.2%. The Ohio state income tax top rate is 3.8%.
Is Mentor-on-the-Lake, OH affordable?
Yes, Mentor-on-the-Lake is generally considered affordable, with a cost of living index of 65 — about 35% below the US national average of 100.
What is the weather like in Mentor-on-the-Lake?
Mentor-on-the-Lake 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.
Mentor-on-the-Lake at a Glance
- Population
- 7,117
- Median Income
- $61,320
- Home Value
- $171,200
- Median Rent
- $1,021/mo
- Unemployment
- 1.9%
- Avg High Temp
- 58.9°F
- Sales Tax
- 7.2%
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