Niles, OH Cost Of Living

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

Cost Of Living In Niles, OH Summary

Cost of living in Niles 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 Niles 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 Niles is 85, with 100 being the average.

  • The cost of living index in Niles is 0.8x lower than the national average.

  • Niles ranks as the #53 cheapest in Ohio out of 286.

  • Niles ranks as the #777 cheapest out of 6,412 in the US.

  • The median home value in Niles is $88,300.

  • The median income in Niles is $45,590.

Table Of Contents

  1. Summary
  2. National Comparison
  3. Housing Breakdown
  4. Detailed Pricing
  5. Nearby Comparisons
85
Niles's Overall Cost Of Living
0.8x
Lower Than The National Average

What is the cost of living in Niles, OH?

According to the most recent data on the cost of living, Niles has an overall cost of living index of 85, which is 0.8x lower than the national index of 100.

Compared to Ohio, Niles has a cost of living index that's 0.9x lower than Ohio's index of 91.

The standard of living in Niles ranks as #53 most affordable out of the 286 places we measured in Ohio. By definition, that implies Niles ranks as the #233 most expensive place in the Buckeye State.

For more reading on life in Niles, check out:

53 out of 286
In Ohio
777 out of 6,412
In America

Niles Cost Of Living Vs. Ohio

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

  • The Services index in Niles is 100.

  • The Groceries index in Niles is 101.

  • The Health index in Niles is 103.

  • The Housing index in Niles is 52.

  • The Transportation index in Niles is 95.

  • The Utilities index in Niles is 99.

Living Expense Niles Ohio National Average
Overall 85 91 100
Services 100 98 100
Groceries 101 101 100
Health 103 95 100
Housing 52 73 100
Transportation 95 98 100
Utilities 99 93 100
For more reading on cost of living around Ohio, check out:
Niles Cost of Living Vs. OH

Niles, 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 Niles is $88,300.

  • The Median Rent in Niles is $729.

  • The Median Income in Niles is $45,590.

  • The Home Value To Income in Niles is 1.9x.

  • The Rent To Monthly Income in Niles is 0.19x.

Statistic Niles Ohio United States
Median Home Value $88,300 $159,900 $244,900
Median Rent $729 $870 $1,163
Median Income $45,590 $61,938 $69,021
Home Value To Income 1.9x 2.6x 3.5x
Rent To Monthly Income 0.19x 0.17x 0.2x
Search Homes For Sale In Niles, OH
$88,300
Median Home Value
$729
Median Rent
$45,590
Median Income

Niles, OH Costs By Category

Detailed Niles Services Costs Vs. Ohio

Item Niles Ohio
Shampoo $0.92 $1.06
Movie $8.01 $10.68
Bowling $13.77 $14.67
Haircut $17.39 $18.62
Beauty Salon $38.35 $39.05

Detailed Niles Groceries Costs Vs. Ohio

Item Niles Ohio
Ground Beef $4.47 $4.22
Fried Chicken $1.52 $1.39
Milk $1.8 $2.05
Potatoes $3.34 $3.29
Pizza $9.96 $10.62
Beer $9.54 $9.38
Toothpaste $2.85 $2.34

Detailed Niles Health Costs Vs. Ohio

Item Niles Ohio
Optometrist $121.64 $108.57
Doctor $119.89 $116.17
Dentist $106.05 $99.13

Detailed Niles Transportation Costs Vs. Ohio

Item Niles Ohio
Gasoline $2.11 $2.22
Tire Balancing $46.73 $50.07

Detailed Niles Utilities Costs Vs. Ohio

Item Niles Ohio
All Electricity $171.89 $167.67
Phone $178.76 $175.64

Niles SnackAbility

5
/10
Overall SnackAbility
Jobs
6/10
Housing
4
Affordability
8.5
Diversity
6
Safety
6
Amenities
8.5
Education
7
Commute
8.5

Cost Of Living In Cities Around Niles

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

  • Warren, OH has a cost of living index of 82, 1.0x Niles.

  • Austintown, OH has a cost of living index of 87, 1.0x Niles.

  • Hermitage, PA has a cost of living index of 94, 1.1x Niles.

City Population Cost Of Living Vs. Niles
Warren, OH 39,334 82 1.0x
Austintown, OH 30,179 87 1.0x
Hermitage, PA 16,240 94 1.1x
Struthers, OH 10,058 83 1.0x
Girard, OH 9,571 84 1.0x
Campbell, OH 7,831 85 1.0x
Hubbard, OH 7,645 88 1.0x
Canfield, OH 7,605 94 1.1x
Cortland, OH 7,087 93 1.1x
Howland Center, OH 6,720 92 1.1x

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