Cost of Living in The Village of Indian Hill, OH

Population 6,048 · Ohio · Data vintage 2023

303
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Home prices in The Village of Indian Hill run well above the national baseline, with a median of $1.2 million, though local incomes keep the cost-to-earnings ratio tighter than in coastal metros with comparable sticker prices. Median household earnings of $228,194 place the city among the better-paid Ohio metros. An unemployment rate of 0.7% points to a labor market well on the tight side of the national distribution.

The Village of Indian Hill sits roughly 10 miles east of Cincinnati — close enough that regional housing and labor patterns are shaped largely by the larger market. Median home values run roughly 437% higher than Cincinnati's $215,000.

Cost Overview

Housing 379
Rent 188

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

About the Cost of Living in The Village of Indian Hill

The median home value in The Village of Indian Hill is $1,156,800 — 279% above the national median of $305,000. Median rent runs $2,466/month, 88% higher than the national median of $1,314/month. The median household income of $228,194/year is 206% higher than the US median of $74,580. The local unemployment rate is 0.7%, 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 65.4°F and lows of 44.2°F. Overall, The Village of Indian Hill has a cost of living index of 303 versus the US average of 100, meaning it is 203% more expensive.

🏠 Housing

Median Home Value
$1,156,800
279% above avg
Zillow Home Value
$450,245
Zillow ZHVI
Median Rent
$2,466/mo
88% above avg
Price-to-Rent Ratio
39.1x
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 94.0%
Renter-occupied 6.0%

💰 Estimated Monthly Budget

Rent median rent
$2,466
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $3,080/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
25.0 min
7% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
20.6%

Commute Mode

Drove alone
74.4%
Carpooled
3.1%
Walked
0.8%
Work from home
20.6%

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
$228,194
206% above avg
Per Capita Income
$149,731
Unemployment Rate
0.7%
86% below avg
Poverty Rate
2.8%
Labor Force Participation
56.4%

🎓 Education

Bachelor's degree+ 35.6%
Graduate degree 38.7%

👥 Demographics

Median Age 50.7
Male median age 50.7
Female median age 50.7

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
65.4°F
Avg Low
44.2°F
Annual Precip
43.4"
20° 38° 55° 73° 90° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 414555677583878680685545
Low °F 242633435361656456443428
Precip" 2.862.793.944.374.704.614.393.393.073.052.913.32

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 54 — Moderate
35.3%
Good air days/yr
193
Max AQI recorded
260
PM2.5 days
103
Ozone days

Frequently Asked Questions

What is the cost of living in The Village of Indian Hill, OH?

The Village of Indian Hill has a cost index of 303 (100 = national average). It is 203% above the national average.

What is average rent in The Village of Indian Hill, OH?

The median gross rent in The Village of Indian Hill is $2,466 per month based on 2023 Census data.

What is the average home price in The Village of Indian Hill?

The median home value in The Village of Indian Hill is $1,156,800 according to Zillow and Census data.

What is the median income in The Village of Indian Hill?

The median household income in The Village of Indian Hill is $228,194 per year (2023 ACS 5-year estimates).

What is the sales tax in The Village of Indian Hill, OH?

The combined state and local sales tax rate in The Village of Indian Hill is 7.2%. The Ohio state income tax top rate is 3.8%.

Is The Village of Indian Hill, OH affordable?

The Village of Indian Hill is above average in cost of living, with an index of 303 — about 203% higher than the national average.

What is the weather like in The Village of Indian Hill?

The Village of Indian Hill has average high temperatures of 65.4°F and average lows of 44.2°F. Annual precipitation is 43.4". Data from NOAA 1991–2020 Climate Normals.

The Village of Indian Hill at a Glance

Population
6,048
Median Income
$228,194
Home Value
$1,156,800
Median Rent
$2,466/mo
Unemployment
0.7%
Avg High Temp
65.4°F
Sales Tax
7.2%
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