Cost of Living in Shelby, OH

Population 8,706 · 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

Shelby sits on the smaller end of the Ohio city distribution. That scale shapes the housing market, the labor pool, and the services available to residents in ways the data below makes visible.

Geographically, Shelby is about 60 miles west of Akron, the nearest large metro. Housing prices track closely with Akron's $111,000 median.

Cost Overview

Housing 38
Rent 55

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

About the Cost of Living in Shelby

The median home value in Shelby is $117,300 — 62% below the national median of $305,000. Median rent runs $724/month, 45% lower than the national median of $1,314/month. The median household income of $52,760/year is 29% lower than the US median of $74,580. The local unemployment rate is 3.9%, 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 59.9°F and lows of 41.2°F, with about 49.2" of annual snowfall. Overall, Shelby has a cost of living index of 45 versus the US average of 100, meaning it is 55% less expensive.

🏠 Housing

Median Home Value
$117,300
62% below avg
Zillow Home Value
$178,105
Zillow ZHVI
Median Rent
$724/mo
45% below avg
Price-to-Rent Ratio
13.5x
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 63.9%
Renter-occupied 36.1%

💰 Estimated Monthly Budget

Rent median rent
$724
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,338/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
22.6 min
16% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
7.0%

Commute Mode

Drove alone
86.6%
Carpooled
5.1%
Public transit
0.0%
Walked
0.7%
Bicycle
0.6%
Work from home
7.0%

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
$52,760
29% below avg
Per Capita Income
$27,234
Unemployment Rate
3.9%
20% below avg
Poverty Rate
13.7%
Labor Force Participation
60.7%

🎓 Education

Bachelor's degree+ 10.3%
Graduate degree 4.9%

👥 Demographics

Median Age 40.5
Male median age 41.2
Female median age 40.3

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
59.9°F
Avg Low
41.2°F
Annual Precip
42.5"
Annual Snowfall
49.2"
10° 30° 50° 70° 90° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 343747607179838175635039
Low °F 192129395059626154433325
Precip" 3.222.533.344.274.194.793.863.603.363.163.153.02
Snow" 14.512.77.61.90.00.00.00.00.00.52.39.7

🏫 Schools

NCES CCD 2019 — public school district data

92%
4-Year Graduation Rate
17.7:1
Student-teacher ratio
5
Public schools
1,944
Total enrollment

Frequently Asked Questions

What is the cost of living in Shelby, OH?

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

What is average rent in Shelby, OH?

The median gross rent in Shelby is $724 per month based on 2023 Census data.

What is the average home price in Shelby?

The median home value in Shelby is $117,300 according to Zillow and Census data.

What is the median income in Shelby?

The median household income in Shelby is $52,760 per year (2023 ACS 5-year estimates).

What is the sales tax in Shelby, OH?

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

Is Shelby, OH affordable?

Yes, Shelby 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 Shelby?

Shelby has average high temperatures of 59.9°F and average lows of 41.2°F. Annual precipitation is 42.5". Average annual snowfall is 49.2". Data from NOAA 1991–2020 Climate Normals.

Shelby at a Glance

Population
8,706
Median Income
$52,760
Home Value
$117,300
Median Rent
$724/mo
Unemployment
3.9%
Avg High Temp
59.9°F
Sales Tax
7.2%
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Explore county-level cost of living data

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