Cost of Living in Painesville, OH

Population 20,453 · Ohio · Data vintage 2023

59
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Painesville is a smaller Ohio community of around 20000 residents, where median household incomes of $50,455 and housing costs ($151,000 for a typical home) give the local cost-of-living profile a distinctly small-town shape. At 6.0%, the local unemployment rate runs well above the US figure, pointing to structural rather than cyclical labor-market issues.

Painesville is about 25 miles northeast of Cleveland, the nearest large metro — close enough that regional housing and labor patterns are shaped largely by the larger market. Median home values run roughly 61% higher than Cleveland's $94,000.

Cost Overview

Housing 50
Rent 73

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

About the Cost of Living in Painesville

The median home value in Painesville is $151,400 — 50% below the national median of $305,000. Median rent runs $957/month, 27% lower than the national median of $1,314/month. The median household income of $50,455/year is 32% lower than the US median of $74,580. The local unemployment rate is 6.0%, 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 58.9°F and lows of 45.8°F. Overall, Painesville has a cost of living index of 59 versus the US average of 100, meaning it is 41% less expensive.

🏠 Housing

Median Home Value
$151,400
50% below avg
Zillow Home Value
$219,287
Zillow ZHVI
Median Rent
$957/mo
27% below avg
Zillow Rent
$1,250/mo
Zillow ZORI
Price-to-Rent Ratio
13.2x
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 48.6%
Renter-occupied 51.4%

💰 Estimated Monthly Budget

Rent median rent
$957
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,571/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
22.5 min
17% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
8.9%

Commute Mode

Drove alone
72.0%
Carpooled
12.7%
Public transit
1.7%
Walked
4.1%
Bicycle
0.4%
Work from home
8.9%

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
$50,455
32% below avg
Per Capita Income
$26,924
Unemployment Rate
6.0%
25% above avg
Poverty Rate
22.9%
Labor Force Participation
62.5%

🎓 Education

Bachelor's degree+ 13.3%
Graduate degree 8.0%

👥 Demographics

Median Age 34.7
Male median age 31.3
Female median age 36.9

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
58.9°F
Avg Low
45.8°F
Annual Precip
33.3"
20° 38° 55° 73° 90° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 353745576877818074635140
Low °F 242531415363686760493830
Precip" 1.761.532.353.103.512.843.663.452.943.242.922.04

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 42 — Good
71%
Good air days/yr
170
Max AQI recorded
185
PM2.5 days
180
Ozone days

🏫 Schools

NCES CCD 2019 — public school district data

85.6%
4-Year Graduation Rate
19.6:1
Student-teacher ratio
12
Public schools
7,153
Total enrollment

Frequently Asked Questions

What is the cost of living in Painesville, OH?

Painesville has a cost index of 59 (100 = national average). It is 41% below the national average.

What is average rent in Painesville, OH?

The median gross rent in Painesville is $957 per month based on 2023 Census data.

What is the average home price in Painesville?

The median home value in Painesville is $151,400 according to Zillow and Census data.

What is the median income in Painesville?

The median household income in Painesville is $50,455 per year (2023 ACS 5-year estimates).

What is the sales tax in Painesville, OH?

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

Is Painesville, OH affordable?

Yes, Painesville is generally considered affordable, with a cost of living index of 59 — about 41% below the US national average of 100.

What is the weather like in Painesville?

Painesville has average high temperatures of 58.9°F and average lows of 45.8°F. Annual precipitation is 33.3". Data from NOAA 1991–2020 Climate Normals.

Painesville at a Glance

Population
20,453
Median Income
$50,455
Home Value
$151,400
Median Rent
$957/mo
Unemployment
6.0%
Avg High Temp
58.9°F
Sales Tax
7.2%
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