Forest Park, OH Cost Of Living

Demographics | Crime | Cost Of Living
Updated: 2023-11-15

Cost Of Living In Forest Park, OH Summary

Cost of living in Forest Park research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means Forest Park is expensive. An index value below 100 means the city is a relatively cheap place to live.

On a city-by-city basis in Ohio, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:

  • The cost of living index in Forest Park is 89, with 100 being the average.

  • The cost of living index in Forest Park is 0.9x lower than the national average.

  • Forest Park ranks as the #125 cheapest in Ohio out of 286.

  • Forest Park ranks as the #1,460 cheapest out of 6,412 in the US.

  • The median home value in Forest Park is $125,400.

  • The median income in Forest Park is $58,257.

Table Of Contents

  1. Summary
  2. National Comparison
  3. Housing Breakdown
  4. Detailed Pricing
  5. Nearby Comparisons
89
Forest Park's Overall Cost Of Living
0.9x
Lower Than The National Average

What is the cost of living in Forest Park, OH?

According to the most recent data on the cost of living, Forest Park has an overall cost of living index of 89, which is 0.9x lower than the national index of 100.

Compared to Ohio, Forest Park has a cost of living index that's 1.0x lower than Ohio's index of 91.

The standard of living in Forest Park ranks as #125 most affordable out of the 286 places we measured in Ohio. By definition, that implies Forest Park ranks as the #161 most expensive place in the Buckeye State.

For more reading on life in Forest Park, check out:

125 out of 286
In Ohio
1,460 out of 6,412
In America

Forest Park Cost Of Living Vs. Ohio

Six factors go into calculating the cost of living index in Forest Park. Here is how it fairs on each of the criteria:

  • The Services index in Forest Park is 102.

  • The Groceries index in Forest Park is 93.

  • The Health index in Forest Park is 100.

  • The Housing index in Forest Park is 70.

  • The Transportation index in Forest Park is 107.

  • The Utilities index in Forest Park is 89.

Living Expense Forest Park Ohio National Average
Overall 89 91 100
Services 102 98 100
Groceries 93 101 100
Health 100 95 100
Housing 70 73 100
Transportation 107 98 100
Utilities 89 93 100
For more reading on cost of living around Ohio, check out:
Forest Park Cost of Living Vs. OH

Forest Park, OH Housing Cost Breakdown

Housing swings affordability the most between places in Ohio, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2017-2021. The key points are:

  • The Median Home Value in Forest Park is $125,400.

  • The Median Rent in Forest Park is $1,079.

  • The Median Income in Forest Park is $58,257.

  • The Home Value To Income in Forest Park is 2.2x.

  • The Rent To Monthly Income in Forest Park is 0.22x.

Statistic Forest Park Ohio United States
Median Home Value $125,400 $159,900 $244,900
Median Rent $1,079 $870 $1,163
Median Income $58,257 $61,938 $69,021
Home Value To Income 2.2x 2.6x 3.5x
Rent To Monthly Income 0.22x 0.17x 0.2x
Search Homes For Sale In Forest Park, OH
$125,400
Median Home Value
$1,079
Median Rent
$58,257
Median Income

Forest Park, OH Costs By Category

Detailed Forest Park Services Costs Vs. Ohio

Item Forest Park Ohio
Shampoo $0.94 $1.06
Movie $11.77 $10.68
Bowling $13.55 $14.67
Haircut $19.48 $18.62
Beauty Salon $34.8 $39.05

Detailed Forest Park Groceries Costs Vs. Ohio

Item Forest Park Ohio
Ground Beef $3.71 $4.22
Fried Chicken $1.25 $1.39
Milk $1.42 $2.05
Potatoes $3.87 $3.29
Pizza $10.12 $10.62
Beer $8.93 $9.38
Toothpaste $2.0 $2.34

Detailed Forest Park Health Costs Vs. Ohio

Item Forest Park Ohio
Optometrist $96.61 $108.57
Doctor $109.23 $116.17
Dentist $105.08 $99.13

Detailed Forest Park Transportation Costs Vs. Ohio

Item Forest Park Ohio
Gasoline $2.29 $2.22
Tire Balancing $57.11 $50.07

Detailed Forest Park Utilities Costs Vs. Ohio

Item Forest Park Ohio
All Electricity $134.81 $167.67
Phone $179.1 $175.64

Forest Park SnackAbility

7
/10
Overall SnackAbility
Jobs
8/10
Housing
7
Affordability
8
Diversity
9.5
Safety
6
Amenities
9
Education
8
Commute
7

Cost Of Living In Cities Around Forest Park

The cost of living varies in the cities and towns around Forest Park. Here's a quick look at the cost of living in the most populous nearby places:

  • Fairfield, OH has a cost of living index of 95, 1.1x Forest Park.

  • Mason, OH has a cost of living index of 104, 1.2x Forest Park.

  • Monfort Heights, OH has a cost of living index of 98, 1.1x Forest Park.

City Population Cost Of Living Vs. Forest Park
Fairfield, OH 44,550 95 1.1x
Mason, OH 34,337 104 1.2x
Monfort Heights, OH 13,221 98 1.1x
Mack, OH 11,452 104 1.2x
Springdale, OH 11,024 92 1.0x
Montgomery, OH 10,796 115 1.3x
Forestville, OH 10,485 99 1.1x
Madeira, OH 9,397 110 1.2x
Wyoming, OH 8,691 112 1.3x
Dry Run, OH 7,457 120 1.3x

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