| Index | Avon | Ohio | National |
| Cost of living | 115 | 89 | 100 |
| Groceries | 95 | 97 | 100 |
| Health care | 94 | 96 | 100 |
| Housing | 160 | 74 | 100 |
| Transportation | 99 | 96 | 100 |
| Utilities | 97 | 96 | 100 |
| Lifestyle & Entertainment | 96 | 95 | 100 |
| Household Items | 100 | 97 | 100 |
| Education & Childcare | 93 | 93 | 100 |
Knowing the cost of living in Avon allows individuals to create a realistic budget. This helps them understand how their income will cover expenses and whether they need to make financial adjustments. The cost of living in any region can fluctuate due to various factors. To assess the cost of living consistently across different areas, a national average of 100 serves as the basis for the cost of living index. The cost of living in Avon stands at 115, marking it 15% higher than the national average.
Housing costs are a major factor in the Avon cost of living index, and they often eat up a big chunk of your take-home pay. Unfortunately, in this area, housing expenses for both homeownership and rentals were 59.6% higher than what's typical in an average city. That includes the prices of homes and rents, as well as mortgage rates and insurance.
Locals have the inside scoop on their city. So, we polled 6 residents in Avon to learn how they view the cost of living. We asked how they felt about the cost of living in their area, and if they thought that prices were increasing, decreasing or staying the same. The verdict? 50% find it reasonable with decreasing prices, but 50% think it's quite pricey, with prices that continue to rise.
Is Avon an affordable place to live? It's a good question and one that you might want to ask when considering any new city, as affordability can play a huge role in the decision making process. The cost of living index (which we covered above), as well as housing costs and income levels play a vital role in determining the affordability of an area. The median home price in Avon is 71.3% higher than the national average, while the average monthly rent prices are 32.4% higher than average. The affordability of any location can also be influenced by median income levels. Avon has a median household income of $166,474, which is 104.7% higher than the national average.
Urbanization: Larger, urban hubs brimming with ample amenities and robust employment opportunities often showcase a heightened cost of living. This surge is primarily attributed to the amplified demand for services and increased residential migration, culminating in elevated home prices and elevated rental rates. Conversely, less densely populated rural locales or regions characterized by reduced demand tend to offer a more limited array of amenities and undergo slower job market growth, ultimately yielding a more affordable cost of living.
Transportation: If public transportation is limited or not available, residents may need to own and maintain vehicles, which can add to the cost of living. Gas, insurance, regular maintenance and potentially lease or finance payments will all need to be paid on a monthly basis. In Avon, the transportation index is 1.1% lower than the national average.
Utilities: Much like any other costs, utility expenses can exhibit considerable variations, influenced by factors such as climate, available energy sources, geographic location and state regulations. The costs associated with electricity, water, heating, and waste disposal can vary significantly depending on the city or state in question. In Avon, the utilities index stands at 3.2% lower than the national average.
The Avon cost of living estimates above use a normalized U.S. average of 100 as the baseline for comparison. Housing values incorporate local home price and rental information from the U.S. Census, while all other estimates are AI-assisted and modeled using expected everyday expenses, local market trends, climate, and transportation-related cost pressures. The results are intended for practical city-to-city comparisons.
| Cost of living index | |
| Groceries index | |
| Health care index | |
| Housing index | |
| Transportation index | |
| Utilities index | |
| Lifestyle index | |
| Household index | |
| Educare index |
| Median Income | Per Year | Per Month | Max Budget (28% DTI) | Max Budget (36% DTI) |
| Owners | $183,174 | $15,265 | $4,274 | $5,496 |
| Renters | $0 | $0 | $0 | $0 |
| State | General Sales Tax | With Max Surtax |
| Ohio | 5.75% | 8% |
| State | Income Tax (Low) | Income Tax (High) |
| Ohio | 2.76% | 3.99% |
| City | Population | Cost of Living Index | National Avg. |
| Linndale, OH | 346 | 81 | 18.5% |
| Eaton Estates, OH | 1,234 | 83 | 17.1% |
| Lorain, OH | 66,173 | 84 | 15.7% |
| Elyria, OH | 55,802 | 86 | 14.1% |
| Sheffield Lake, OH | 9,354 | 87 | 13.0% |
| Avon, OH | 23,911 | 115 | 15.2% |
| City | Population | Cost of Living Index | National Avg. |
| Chalmette, LA | 23,911 | 96 | 4.1% |
| Saint-Lin--Laurentides, QC | 23,910 | n/a | |
| Copiague, NY | 23,901 | 131 | 31.3% |
| Roseburg, OR | 23,898 | 107 | 6.9% |
| Bluffton, SC | 23,896 | 120 | 19.9% |
| Avon, OH | 23,911 | 115 | 15.2% |
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