Cost of Living in Oxford, OH

Population 22,069 · Ohio · Data vintage 2023

76
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Household incomes in Oxford run well below national norms — a median of $42,147 versus the $74,580 US figure. Housing costs and rents do not fully compensate for the earnings difference. Around 45% of residents live below the federal poverty line, a rate that tends to correlate with the income and housing figures above.

Oxford is about 30 miles northwest of Cincinnati, the nearest large metro — close enough that regional housing and labor patterns are shaped largely by the larger market. Median home values run roughly 8% higher than Cincinnati's $215,000.

Cost Overview

Housing 76
Rent 75

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

About the Cost of Living in Oxford

The median home value in Oxford is $232,200 — 24% below the national median of $305,000. Median rent runs $989/month, 25% lower than the national median of $1,314/month. The median household income of $42,147/year is 43% lower than the US median of $74,580. The local unemployment rate is 13.5%, above 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 65.1°F and lows of 42.5°F. Overall, Oxford has a cost of living index of 76 versus the US average of 100, meaning it is 24% less expensive.

🏠 Housing

Median Home Value
$232,200
24% below avg
Zillow Home Value
$326,679
Zillow ZHVI
Median Rent
$989/mo
25% below avg
Zillow Rent
$1,940/mo
Zillow ZORI
Price-to-Rent Ratio
19.6x
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 37.5%
Renter-occupied 62.5%

💰 Estimated Monthly Budget

Rent median rent
$989
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,603/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
19.1 min
29% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
15.8%

Commute Mode

Drove alone
50.5%
Carpooled
9.5%
Public transit
2.8%
Walked
17.1%
Bicycle
3.9%
Work from home
15.8%

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
$42,147
43% below avg
Per Capita Income
$20,642
Unemployment Rate
13.5%
181% above avg
Poverty Rate
45.5%
Labor Force Participation
44.6%

🎓 Education

Bachelor's degree+ 26.0%
Graduate degree 38.6%

👥 Demographics

Median Age 21.2
Male median age 21.3
Female median age 21.2

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
65.1°F
Avg Low
42.5°F
Annual Precip
41.4"
20° 38° 55° 73° 90° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 404454677583878680685544
Low °F 222332425261646254423226
Precip" 2.912.413.494.634.594.063.672.953.043.173.163.34

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 56 — Moderate
29.3%
Good air days/yr
197
Max AQI recorded
287
PM2.5 days
71
Ozone days

🏫 Schools

NCES CCD 2019 — public school district data

93%
4-Year Graduation Rate
17.2:1
Student-teacher ratio
5
Public schools
2,962
Total enrollment

Frequently Asked Questions

What is the cost of living in Oxford, OH?

Oxford has a cost index of 76 (100 = national average). It is 24% below the national average.

What is average rent in Oxford, OH?

The median gross rent in Oxford is $989 per month based on 2023 Census data.

What is the average home price in Oxford?

The median home value in Oxford is $232,200 according to Zillow and Census data.

What is the median income in Oxford?

The median household income in Oxford is $42,147 per year (2023 ACS 5-year estimates).

What is the sales tax in Oxford, OH?

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

Is Oxford, OH affordable?

Yes, Oxford is generally considered affordable, with a cost of living index of 76 — about 24% below the US national average of 100.

What is the weather like in Oxford?

Oxford has average high temperatures of 65.1°F and average lows of 42.5°F. Annual precipitation is 41.4". Data from NOAA 1991–2020 Climate Normals.

Oxford at a Glance

Population
22,069
Median Income
$42,147
Home Value
$232,200
Median Rent
$989/mo
Unemployment
13.5%
Avg High Temp
65.1°F
Sales Tax
7.2%
View all cities in Ohio →
🗺️ County data for Ohio

Explore county-level cost of living data

Similar Cost Cities

Cities in other states with comparable housing costs