Cost of Living in Minster, OH

Population 3,213 · Ohio · Data vintage 2023

79
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Minster is a smaller Ohio community of around 3000 residents, where median household incomes of $91,250 and housing costs ($258,000 for a typical home) give the local cost-of-living profile a distinctly small-town shape. The labor market has been unusually tight, with unemployment around 1.2% — below most comparable cities in the state.

Minster is about 45 miles north of Dayton, the nearest large metro — close enough that regional housing and labor patterns are shaped largely by the larger market. Median home values run roughly 177% higher than Dayton's $93,000.

Cost Overview

Housing 85
Rent 71

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

About the Cost of Living in Minster

The median home value in Minster is $258,000 — 15% below the national median of $305,000. Median rent runs $927/month, 29% lower than the national median of $1,314/month. The median household income of $91,250/year is 22% higher than the US median of $74,580. The local unemployment rate is 1.2%, 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 60.6°F and lows of 42.2°F. Overall, Minster has a cost of living index of 79 versus the US average of 100, meaning it is 21% less expensive.

🏠 Housing

Median Home Value
$258,000
15% below avg
Zillow Home Value
$550,439
Zillow ZHVI
Median Rent
$927/mo
29% below avg
Price-to-Rent Ratio
23.2x
Favors renting
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 85.1%
Renter-occupied 14.9%

💰 Estimated Monthly Budget

Rent median rent
$927
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,541/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
18.1 min
33% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
6.4%

Commute Mode

Drove alone
84.1%
Carpooled
3.1%
Walked
2.3%
Bicycle
4.0%
Work from home
6.4%

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
$91,250
22% above avg
Per Capita Income
$45,683
Unemployment Rate
1.2%
74% below avg
Poverty Rate
2.1%
Labor Force Participation
67.4%

🎓 Education

Bachelor's degree+ 25.5%
Graduate degree 10.9%

👥 Demographics

Median Age 35.3
Male median age 36.4
Female median age 34.6

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
60.6°F
Avg Low
42.2°F
Annual Precip
35.8"
20° 38° 55° 73° 90° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 343848617281848276645039
Low °F 202230405161636154443426
Precip" 2.231.852.553.583.813.953.683.502.852.692.812.27

🏫 Schools

NCES CCD 2019 — public school district data

97%
4-Year Graduation Rate
17.5:1
Student-teacher ratio
2
Public schools
859
Total enrollment

Frequently Asked Questions

What is the cost of living in Minster, OH?

Minster has a cost index of 79 (100 = national average). It is 21% below the national average.

What is average rent in Minster, OH?

The median gross rent in Minster is $927 per month based on 2023 Census data.

What is the average home price in Minster?

The median home value in Minster is $258,000 according to Zillow and Census data.

What is the median income in Minster?

The median household income in Minster is $91,250 per year (2023 ACS 5-year estimates).

What is the sales tax in Minster, OH?

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

Is Minster, OH affordable?

Yes, Minster is generally considered affordable, with a cost of living index of 79 — about 21% below the US national average of 100.

What is the weather like in Minster?

Minster has average high temperatures of 60.6°F and average lows of 42.2°F. Annual precipitation is 35.8". Data from NOAA 1991–2020 Climate Normals.

Minster at a Glance

Population
3,213
Median Income
$91,250
Home Value
$258,000
Median Rent
$927/mo
Unemployment
1.2%
Avg High Temp
60.6°F
Sales Tax
7.2%
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🗺️ County data for Ohio

Explore county-level cost of living data

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