CostByCity

Cost of Living in Lima, OH

2024 data from the Bureau of Economic Analysis

Cost Index
89.7
10.3% below avg
Housing Index
57.3
Median Income
$58,976
Median Rent
$844/mo

Cost Breakdown

Overall89.7 (-10.3%)
Housing57.3 (-42.7%)
Goods93.6 (-6.4%)
Utilities95.8 (-4.2%)
Other Services98.9 (-1.1%)

National average = 100

Income & Housing

Median Household Income
$58,976/year
Median Home Value
$147,000
Median Monthly Rent
$844/mo
Per Capita Income
$31,523/year

Compare Lima, OH With

Frequently Asked Questions

Is Lima, OH expensive to live in?
Lima, OH has a cost of living index of 89.7, which is 10.3% below the national average.
How much does housing cost in Lima, OH?
Housing costs in Lima, OH are indexed at 57.3 compared to the national average of 100. The median monthly rent is $844.
What is the average income in Lima, OH?
The median household income in Lima, OH is $58,976 per year.
What is the average home price in Lima, OH?
The median home value in Lima, OH is $147,000.