Cost of Living in Niles, OH

Population 18,301 · Ohio · Data vintage 2023

45
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 Niles a small-town character that shows up in every data point below — from the commute patterns to the rental inventory. A typical home runs $108,000.

Niles is about 40 miles east of Akron, the nearest large metro — close enough that regional housing and labor patterns are shaped largely by the larger market. Housing prices track closely with Akron's $111,000 median.

Cost Overview

Housing 36
Rent 60

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

About the Cost of Living in Niles

The median home value in Niles is $108,400 — 64% below the national median of $305,000. Median rent runs $787/month, 40% lower than the national median of $1,314/month. The median household income of $49,987/year is 33% lower than the US median of $74,580. The local unemployment rate is 4.0%, 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 59.7°F and lows of 40.1°F, with about 67.8" of annual snowfall. Overall, Niles has a cost of living index of 45 versus the US average of 100, meaning it is 55% less expensive.

🏠 Housing

Median Home Value
$108,400
64% below avg
Zillow Home Value
$126,994
Zillow ZHVI
Median Rent
$787/mo
40% below avg
Zillow Rent
$1,108/mo
Zillow ZORI
Price-to-Rent Ratio
11.5x
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 55.9%
Renter-occupied 44.1%

💰 Estimated Monthly Budget

Rent median rent
$787
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,401/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
22.1 min
18% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
4.5%

Commute Mode

Drove alone
83.4%
Carpooled
9.2%
Public transit
0.5%
Walked
0.7%
Bicycle
0.2%
Work from home
4.5%

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
$49,987
33% below avg
Per Capita Income
$31,216
Unemployment Rate
4.0%
17% below avg
Poverty Rate
13.0%
Labor Force Participation
59.4%

🎓 Education

Bachelor's degree+ 14.3%
Graduate degree 5.9%

👥 Demographics

Median Age 42.1
Male median age 40.2
Female median age 43.4

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
59.7°F
Avg Low
40.1°F
Annual Precip
41.2"
Annual Snowfall
67.8"
10° 30° 50° 70° 90° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 343747607179838174625039
Low °F 192128384856605952423326
Precip" 3.032.523.213.753.723.904.273.483.843.342.963.17
Snow" 19.615.110.52.60.00.00.00.00.00.74.514.8

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 48 — Good
54.4%
Good air days/yr
220
Max AQI recorded
263
PM2.5 days
101
Ozone days

🏫 Schools

NCES CCD 2019 — public school district data

87%
4-Year Graduation Rate
16.5:1
Student-teacher ratio
4
Public schools
2,178
Total enrollment

Frequently Asked Questions

What is the cost of living in Niles, OH?

Niles has a cost index of 45 (100 = national average). It is 55% below the national average.

What is average rent in Niles, OH?

The median gross rent in Niles is $787 per month based on 2023 Census data.

What is the average home price in Niles?

The median home value in Niles is $108,400 according to Zillow and Census data.

What is the median income in Niles?

The median household income in Niles is $49,987 per year (2023 ACS 5-year estimates).

What is the sales tax in Niles, OH?

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

Is Niles, OH affordable?

Yes, Niles is generally considered affordable, with a cost of living index of 45 — about 55% below the US national average of 100.

What is the weather like in Niles?

Niles has average high temperatures of 59.7°F and average lows of 40.1°F. Annual precipitation is 41.2". Average annual snowfall is 67.8". Data from NOAA 1991–2020 Climate Normals.

Niles at a Glance

Population
18,301
Median Income
$49,987
Home Value
$108,400
Median Rent
$787/mo
Unemployment
4.0%
Avg High Temp
59.7°F
Sales Tax
7.2%
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