Cost of Living in South Point, OH

Population 3,228 · 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

Buyers in South Point can reasonably expect a home to cost less than three years of household income — $175,000 against $80,689 in typical earnings — a ratio that has collapsed to 5:1 or worse in much of the country. An unemployment rate of 1.7% points to a labor market well on the tight side of the national distribution.

Located 105 miles east of Lexington-Fayette urban county, South Point is far enough out that local conditions diverge meaningfully from the big-metro baseline. Median home values run roughly 36% lower than Lexington-Fayette urban county's $272,000.

Cost Overview

Housing 57
Rent 61

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

About the Cost of Living in South Point

The median home value in South Point is $175,200 — 43% below the national median of $305,000. Median rent runs $807/month, 39% lower than the national median of $1,314/month. The median household income of $80,689/year is 8% higher than the US median of $74,580. The local unemployment rate is 1.7%, 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 66.6°F and lows of 46.3°F, with about 19.8" of annual snowfall. Overall, South Point has a cost of living index of 59 versus the US average of 100, meaning it is 41% less expensive.

🏠 Housing

Median Home Value
$175,200
43% below avg
Zillow Home Value
$152,868
Zillow ZHVI
Median Rent
$807/mo
39% below avg
Price-to-Rent Ratio
18.1x
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 76.4%
Renter-occupied 23.6%

💰 Estimated Monthly Budget

Rent median rent
$807
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,421/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
24.8 min
8% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
9.0%

Commute Mode

Drove alone
83.7%
Carpooled
6.2%
Walked
1.1%
Work from home
9.0%

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
$80,689
8% above avg
Per Capita Income
$41,876
Unemployment Rate
1.7%
65% below avg
Poverty Rate
8.2%
Labor Force Participation
68.7%

🎓 Education

Bachelor's degree+ 14.1%
Graduate degree 7.2%

👥 Demographics

Median Age 45
Male median age 45.4
Female median age 42.6

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
66.6°F
Avg Low
46.3°F
Annual Precip
45.1"
Annual Snowfall
19.8"
20° 38° 55° 73° 90° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 434757697683868680695747
Low °F 262936465462666558463730
Precip" 3.103.374.163.914.514.205.083.953.163.023.073.57
Snow" 6.05.84.30.30.00.00.00.00.00.20.52.7

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 46 — Good
61.6%
Good air days/yr
160
Max AQI recorded
258
PM2.5 days
107
Ozone days

🏫 Schools

NCES CCD 2019 — public school district data

92%
4-Year Graduation Rate
15.8:1
Student-teacher ratio
5
Public schools
1,513
Total enrollment

Frequently Asked Questions

What is the cost of living in South Point, OH?

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

What is average rent in South Point, OH?

The median gross rent in South Point is $807 per month based on 2023 Census data.

What is the average home price in South Point?

The median home value in South Point is $175,200 according to Zillow and Census data.

What is the median income in South Point?

The median household income in South Point is $80,689 per year (2023 ACS 5-year estimates).

What is the sales tax in South Point, OH?

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

Is South Point, OH affordable?

Yes, South Point 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 South Point?

South Point has average high temperatures of 66.6°F and average lows of 46.3°F. Annual precipitation is 45.1". Average annual snowfall is 19.8". Data from NOAA 1991–2020 Climate Normals.

South Point at a Glance

Population
3,228
Median Income
$80,689
Home Value
$175,200
Median Rent
$807/mo
Unemployment
1.7%
Avg High Temp
66.6°F
Sales Tax
7.2%
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