Cost of Living in North Olmsted, OH

Population 32,031 · Ohio · Data vintage 2023

73
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Housing costs in North Olmsted stay well under national norms: a median home value of $202,000 against median household incomes of $85,435 gives the city one of the more comfortable price-to-income ratios in Ohio. The labor market has been unusually tight, with unemployment around 3.0% — below most comparable cities in the state.

Geographically, North Olmsted sits roughly 13 miles west of Cleveland. Median home values run roughly 115% higher than Cleveland's $94,000.

Cost Overview

Housing 66
Rent 83

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

About the Cost of Living in North Olmsted

The median home value in North Olmsted is $202,400 — 34% below the national median of $305,000. Median rent runs $1,092/month, 17% lower than the national median of $1,314/month. The median household income of $85,435/year is 15% higher than the US median of $74,580. The local unemployment rate is 3.0%, 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 60.8°F and lows of 44.0°F, with about 63.8" of annual snowfall. Overall, North Olmsted has a cost of living index of 73 versus the US average of 100, meaning it is 27% less expensive.

🏠 Housing

Median Home Value
$202,400
34% below avg
Zillow Home Value
$265,004
Zillow ZHVI
Median Rent
$1,092/mo
17% below avg
Zillow Rent
$1,779/mo
Zillow ZORI
Price-to-Rent Ratio
15.4x
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 77.4%
Renter-occupied 22.6%

💰 Estimated Monthly Budget

Rent median rent
$1,092
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,706/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
25.5 min
6% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
15.1%

Commute Mode

Drove alone
77.1%
Carpooled
5.6%
Public transit
0.4%
Walked
0.9%
Bicycle
0.0%
Work from home
15.1%

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
$85,435
15% above avg
Per Capita Income
$44,636
Unemployment Rate
3.0%
39% below avg
Poverty Rate
10.1%
Labor Force Participation
66.0%

🎓 Education

Bachelor's degree+ 22.0%
Graduate degree 10.7%

👥 Demographics

Median Age 44.5
Male median age 43.1
Female median age 46.5

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
60.8°F
Avg Low
44.0°F
Annual Precip
41"
Annual Snowfall
63.8"
20° 38° 55° 73° 90° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 363947607180848276645140
Low °F 222431415161656457473728
Precip" 2.992.493.063.753.793.833.673.563.933.603.372.99
Snow" 18.415.110.82.70.00.00.00.00.00.14.512.2

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 57 — Moderate
32.1%
Good air days/yr
234
Max AQI recorded
276
PM2.5 days
83
Ozone days

🏫 Schools

NCES CCD 2019 — public school district data

88%
4-Year Graduation Rate
17:1
Student-teacher ratio
8
Public schools
3,759
Total enrollment

Frequently Asked Questions

What is the cost of living in North Olmsted, OH?

North Olmsted has a cost index of 73 (100 = national average). It is 27% below the national average.

What is average rent in North Olmsted, OH?

The median gross rent in North Olmsted is $1,092 per month based on 2023 Census data.

What is the average home price in North Olmsted?

The median home value in North Olmsted is $202,400 according to Zillow and Census data.

What is the median income in North Olmsted?

The median household income in North Olmsted is $85,435 per year (2023 ACS 5-year estimates).

What is the sales tax in North Olmsted, OH?

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

Is North Olmsted, OH affordable?

Yes, North Olmsted 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 North Olmsted?

North Olmsted has average high temperatures of 60.8°F and average lows of 44.0°F. Annual precipitation is 41". Average annual snowfall is 63.8". Data from NOAA 1991–2020 Climate Normals.

North Olmsted at a Glance

Population
32,031
Median Income
$85,435
Home Value
$202,400
Median Rent
$1,092/mo
Unemployment
3.0%
Avg High Temp
60.8°F
Sales Tax
7.2%
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Explore county-level cost of living data

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