If you're retiring, one state you might want to consider is the Buckeye State. Ohio is a state with a lot to offer. If you love football, Ohio is one of the most enthusiastic states. If you like agriculture, Ohio is known for its corn. Ohio is also well-known for its gorgeous state parks. Being the birthplace of aviation, there's no wonder people are flying here. There are many other reasons why Ohio is a great state, including its living cost. See below as we break down the cost of living compared to the national average.
Overall, Ohio has the cost of living nearly 10 points below the national average. In every category, including the average rent, Ohio is lower. In some cases, such as groceries, transportation, and miscellaneous costs, living is closer to the average. In other areas, such as housing, it's nearly 20 points below. Yes, houses are cheap, with the median home cost being about half the rest of the state. In conclusion, if you want an affordable place to retire, Ohio might be what you need. It's cheap, yet there's a lot to offer when you move here.
| COST OF LIVING | Ohio | United States |
|---|---|---|
| Overall | 90.8 | 100 |
| Grocery | 97.9 | 100 |
| Housing | 76.1 | 100 |
| Median Home Cost | $145,700 | $291,700 |
| Utilities | 90.7 | 100 |
| Transportation | 99.6 | 100 |
| Miscellaneous | 98.7 | 100 |
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