Cost of Living in Solon, OH

Population 23,970 · Ohio · Data vintage 2023

118
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Solon 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. The labor market has been unusually tight, with unemployment around 2.5% — below most comparable cities in the state.

Geographically, Solon sits roughly 14 miles east of Cleveland. Median home values run roughly 299% higher than Cleveland's $94,000.

Cost Overview

Housing 123
Rent 111

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

About the Cost of Living in Solon

The median home value in Solon is $375,700 — 23% above the national median of $305,000. Median rent runs $1,460/month, 11% higher than the national median of $1,314/month. The median household income of $135,180/year is 81% higher than the US median of $74,580. The local unemployment rate is 2.5%, 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 58.9°F and lows of 45.8°F. Overall, Solon has a cost of living index of 118 versus the US average of 100, meaning it is 18% more expensive.

🏠 Housing

Median Home Value
$375,700
23% above avg
Zillow Home Value
$446,006
Zillow ZHVI
Median Rent
$1,460/mo
11% above avg
Price-to-Rent Ratio
21.4x
Favors renting
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 84.8%
Renter-occupied 15.2%

💰 Estimated Monthly Budget

Rent median rent
$1,460
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $2,074/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
25.6 min
5% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
18.4%

Commute Mode

Drove alone
75.5%
Carpooled
5.0%
Public transit
0.3%
Walked
0.4%
Bicycle
0.1%
Work from home
18.4%

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
$135,180
81% above avg
Per Capita Income
$68,835
Unemployment Rate
2.5%
49% below avg
Poverty Rate
4.0%
Labor Force Participation
65.7%

🎓 Education

Bachelor's degree+ 31.4%
Graduate degree 31.7%

👥 Demographics

Median Age 44.5
Male median age 44.8
Female median age 44.3

🌤 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 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

96%
4-Year Graduation Rate
18.5:1
Student-teacher ratio
7
Public schools
4,643
Total enrollment

Frequently Asked Questions

What is the cost of living in Solon, OH?

Solon has a cost index of 118 (100 = national average). It is 18% above the national average.

What is average rent in Solon, OH?

The median gross rent in Solon is $1,460 per month based on 2023 Census data.

What is the average home price in Solon?

The median home value in Solon is $375,700 according to Zillow and Census data.

What is the median income in Solon?

The median household income in Solon is $135,180 per year (2023 ACS 5-year estimates).

What is the sales tax in Solon, OH?

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

Is Solon, OH affordable?

Solon is above average in cost of living, with an index of 118 — about 18% higher than the national average.

What is the weather like in Solon?

Solon 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.

Solon at a Glance

Population
23,970
Median Income
$135,180
Home Value
$375,700
Median Rent
$1,460/mo
Unemployment
2.5%
Avg High Temp
58.9°F
Sales Tax
7.2%
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🗺️ County data for Ohio

Explore county-level cost of living data

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