Macedonia, OH Cost Of Living
Cost Of Living In Macedonia, OH Summary
Cost of living in Macedonia 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 Macedonia 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 Macedonia is 103, with 100 being the average.
The cost of living index in Macedonia is 1.0x higher than the national average.
Macedonia ranks as the #250 cheapest in Ohio out of 286.
Macedonia ranks as the #3,487 cheapest out of 6,412 in the US.
The median home value in Macedonia is $243,300.
The median income in Macedonia is $97,897.
Table Of Contents
Macedonia's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Macedonia, OH?
According to the most recent data on the cost of living, Macedonia has an overall cost of living index of 103, which is 1.0x higher than the national index of 100.
Compared to Ohio, Macedonia has a cost of living index that's 1.1x higher than Ohio's index of 91.
The standard of living in Macedonia ranks as #250 most affordable out of the 286 places we measured in Ohio. By definition, that implies Macedonia ranks as the #36 most expensive place in the Buckeye State.
For more reading on life in Macedonia, check out:
- Living In Macedonia
- Macedonia Crime Report
- Search Homes For Sale In Macedonia, OH
In Ohio
In America
Macedonia Cost Of Living Vs. Ohio
Six factors go into calculating the cost of living index in Macedonia. Here is how it fairs on each of the criteria:
The Services index in Macedonia is 101.
The Groceries index in Macedonia is 105.
The Health index in Macedonia is 111.
The Housing index in Macedonia is 112.
The Transportation index in Macedonia is 98.
The Utilities index in Macedonia is 96.
| Living Expense | Macedonia | Ohio | National Average | |
|---|---|---|---|---|
| Overall | 103 | 91 | 100 | |
| Services | 101 | 98 | 100 | |
| Groceries | 105 | 101 | 100 | |
| Health | 111 | 95 | 100 | |
| Housing | 112 | 73 | 100 | |
| Transportation | 98 | 98 | 100 | |
| Utilities | 96 | 93 | 100 | |
Macedonia, 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 Macedonia is $243,300.
The Median Rent in Macedonia is $1,525.
The Median Income in Macedonia is $97,897.
The Home Value To Income in Macedonia is 2.5x.
The Rent To Monthly Income in Macedonia is 0.19x.
| Statistic | Macedonia | Ohio | United States |
|---|---|---|---|
| Median Home Value | $243,300 | $159,900 | $244,900 |
| Median Rent | $1,525 | $870 | $1,163 |
| Median Income | $97,897 | $61,938 | $69,021 |
| Home Value To Income | 2.5x | 2.6x | 3.5x |
| Rent To Monthly Income | 0.19x | 0.17x | 0.2x |
Median Home Value
Median Rent
Median Income
Macedonia, OH Costs By Category
Detailed Macedonia Services Costs Vs. Ohio
Detailed Macedonia Groceries Costs Vs. Ohio
Detailed Macedonia Health Costs Vs. Ohio
Detailed Macedonia Transportation Costs Vs. Ohio
Detailed Macedonia Utilities Costs Vs. Ohio
Macedonia SnackAbility
/10
Cost Of Living In Cities Around Macedonia
The cost of living varies in the cities and towns around Macedonia. Here's a quick look at the cost of living in the most populous nearby places:
Strongsville, OH has a cost of living index of 99, 1.0x Macedonia.
Stow, OH has a cost of living index of 99, 1.0x Macedonia.
Shaker Heights, OH has a cost of living index of 103, 1.0x Macedonia.
| City | Population | Cost Of Living | Vs. Macedonia |
|---|---|---|---|
| Strongsville, OH | 46,187 | 99 | 1.0x |
| Stow, OH | 34,556 | 99 | 1.0x |
| Shaker Heights, OH | 29,197 | 103 | 1.0x |
| Solon, OH | 24,070 | 114 | 1.1x |
| Hudson, OH | 23,001 | 124 | 1.2x |
| Broadview Heights, OH | 19,820 | 104 | 1.0x |
| Twinsburg, OH | 19,220 | 103 | 1.0x |
| Bedford, OH | 13,073 | 89 | 0.9x |
| Seven Hills, OH | 11,696 | 101 | 1.0x |
| Highland Heights, OH | 8,658 | 110 | 1.1x |
