How much does it cost to live comfortably in Ohio?

To live comfortably and be able to budget efficiently, a single adult needs an annual income of around $80,000, according to a study done in 2024 by Yahoo Finance.

Is it expensive to live in Columbus, Ohio?

Compared to the U.S. average, Columbus, Ohio, is considered to be more affordable. Most expenses are lower than the national average, so this city would not be expensive to live in as long as a sufficient amount of income is available.

What salary do you need to live in Columbus, Ohio?

The salary needed to live in Columbus, Ohio, depends on various factors such as family size, housing, lifestyle, etc. On average, a salary of around $45,000 is needed to live in a one-bedroom apartment. Usually, a salary of $90,000 is required to purchase a home.

Everything to Know About the Cost of Living in Columbus, Ohio

While navigating life’s new chapters, relocating is a significant part of the journey for many. Moving to a new city often results in a noticeable shift in your routine costs, from groceries to transportation to housing — the list goes on. If you’re considering relocating to Columbus, Ohio, understanding the cost of living in the state’s capital is essential (especially when exploring all the things to do in this great city!). Below is an informative overview of the cost of living in Columbus and everything you need to know before moving.

Cost of Living: What is it?

The cost of living in a specific area relates to the prices necessary to maintain a standard of living for a household or an individual. The cost of living index measures the changes in expenses over time, comparing different regions for an accurate measurement.

Cost of Living Index

Primary factors measured in the cost of living index include:

Housing
Food
Transportation
Utilities
Healthcare

Each state’s cost of living index is compared to the U.S. average of 100. Like most states, Ohio’s index is below the average, at 94. We’ve broken down this index to help you better understand the cost of living in Columbus, Ohio.

Monthly Living Expenses in Columbus, Ohio

Housing

Housing costs in Columbus are 12% lower than the national average.

Columbus: $1,310
U.S. Average: $1,784

Food

Food costs in Columbus are 3% higher than the national average.

Columbus: $628.04
U.S. Average: $609.75

Transportation

Transportation costs in Columbus are 11% lower than the national average.

Columbus: $728.76
U.S. Average: $818.83

Utilities

Utility costs in Columbus are 2% lower than the national average.

Columbus: $362.76
U.S. Average: $370.16

Healthcare

Healthcare costs in Columbus are 14% lower than the national average.

Columbus: $371.02
U.S. Average: $431.42

Comparing the Numbers

For context, the average monthly expenses for a single person on a national scale are $3,189, or roughly $38,266 per year. Columbus’s cost of living is 7% below the U.S. average. In this city, a single person usually spends around $2,965, or $35,580, per year.

The cost of living in Columbus, Ohio, may offer a more comfortable financial situation than the national average. Residents can budget and allocate their savings as well as increase their quality of life with more financial flexibility.

Additional Factors to Consider

While the given numbers are considered a steady average, external factors can affect the overall cost of living and should be considered, including inflation and deflation rates. Though inflation and deflation are generally unpredictable, these factors should be considered when calculating and estimating the total living expenses in Columbus, Ohio.

Columbus: Your Next Great Move

Hopefully, our deep dive into the cost of living in Columbus has piqued your interest. Whether you’re searching for a vibrant community or a more affordable lifestyle, Columbus, Ohio, might be your ideal location. Check out the Rockford Homes website to learn more about housing options that are built perfectly for you.