Cost of Living in Munroe Falls, OH
Population 5,019 · Ohio · Data vintage 2023
(100 = US avg)
Munroe Falls offers a notably favorable income-to-housing ratio for its region. The typical home — $224,000 — costs less than 3 times median household income of $75,089, a threshold many coastal markets passed a decade ago.
Located 6 miles northeast of Akron, Munroe Falls falls within that metro's commuting orbit. Median home values run roughly 101% higher than Akron's $111,000.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Munroe Falls
The median home value in Munroe Falls is $223,800 — 27% below the national median of $305,000. The median household income of $75,089/year is 1% higher than the US median of $74,580. The local unemployment rate is 3.6%, 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 62.1°F and lows of 42.5°F. Overall, Munroe Falls has a cost of living index of 73 versus the US average of 100, meaning it is 27% less expensive.
Munroe Falls 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
🛒 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 | 37 | 40 | 49 | 62 | 73 | 81 | 85 | 84 | 77 | 65 | 52 | 41 |
| Low °F | 21 | 22 | 30 | 40 | 51 | 60 | 64 | 62 | 55 | 44 | 35 | 27 |
| Precip" | 1.83 | 1.45 | 2.48 | 2.83 | 3.56 | 3.67 | 3.65 | 3.00 | 3.18 | 2.53 | 2.32 | 2.01 |
💨 Air Quality
EPA AQS 2023 — county-level monitoring data
Frequently Asked Questions
What is the cost of living in Munroe Falls, OH?
Munroe Falls has a cost index of 73 (100 = national average). It is 27% below the national average.
What is the average home price in Munroe Falls?
The median home value in Munroe Falls is $223,800 according to Zillow and Census data.
What is the median income in Munroe Falls?
The median household income in Munroe Falls is $75,089 per year (2023 ACS 5-year estimates).
What is the sales tax in Munroe Falls, OH?
The combined state and local sales tax rate in Munroe Falls is 7.2%. The Ohio state income tax top rate is 3.8%.
Is Munroe Falls, OH affordable?
Yes, Munroe Falls is generally considered affordable, with a cost of living index of 73 — about 27% below the US national average of 100.
What is the weather like in Munroe Falls?
Munroe Falls has average high temperatures of 62.1°F and average lows of 42.5°F. Annual precipitation is 32.5". Data from NOAA 1991–2020 Climate Normals.
Munroe Falls at a Glance
- Population
- 5,019
- Median Income
- $75,089
- Home Value
- $223,800
- Unemployment
- 3.6%
- Avg High Temp
- 62.1°F
- Sales Tax
- 7.2%
Explore county-level cost of living data
Ohio Rankings
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