Medina, Ohio Cost Of Living

Buy Rent

C+

Overall 5%

Goods & Services 3%

Housing 14%

Date & Last Updated: This data reflects 2022 and was released from C2ER in January, 2022; this is the most current data available.

The cost of living index is based on a national average of 100. For example, if the cost of living is 90, then it is 10% lower than average. If the cost of living is 110, then it is 10% higher than average. The breakdown for each index is as follows: goods & services (33%), groceries (13%), health care (5%), housing (30%), transportation (9%) and utilities (10%). If the cost of living data was unavailable for this city, estimates based upon nearby cities were used.
Index	Medina	Ohio	National
Cost of living	95	91	100
Goods & Services	97	99	100
Groceries	103	99	100
Health care	104	97	100
Housing	86	73	100
Transportation	97	98	100
Utilities	98	92	100

Key findings

The cost of living in Medina is 5% higher than the Ohio average
The cost of living in Medina is 5% lower than the national average
Medina housing is 14% lower than the national average
Ohio general sales tax is 13% higher than the national average
Ohio state income tax is 16% higher than the national average

Most Affordable Places to Live in and Around Medina

See all the best places to live around Medina

Compare Medina, OH Cost of Living

See all Medina poll results

The best places in Ohio

Here are the best places to live in Ohio

Top 10 best public schools in Medina

See the best places to live in & around Medina

10 best cities to buy a new house in Ohio

Salary Calculator

This is how much you would need to earn in

Price difference in compared to

Cost of living index
Goods & Services index
Groceries index
Health care index
Housing index
Transportation index
Utilities index

Median Income & Debt-To-Income Ratio

Median Income	Per Year	Per Month	Max Budget (28% DTI)	Max Budget (36% DTI)
Owners	$82,097	$6,841	$1,915	$2,463
Renters	$31,838	$2,653	$743	$955

A good way to judge both the affordability of the housing and the cost of living in Medina is by simply calculating the maximum that should be spent on housing, otherwise known as the debt-to-income ratio (DTI). The plan is to avoid spending more than 28 percent of the gross income on costs that pertain to housing and no more than 36 percent on all expenses and debts. Medina has a median income of about $82,097 for people who own homes. Based on that number, a maximum of $1,915 should be spent on expenses related to housing. Renters have a slightly different median income, which is $31,838. Based on this average, renters should spend no more than $743 on all rental costs if they want to maintain a non-impoverished standard of living.

Ohio Sales Tax

State	General Sales Tax	With Max Surtax
Ohio	5.75%	8%

Ohio Income Tax

State	Income Tax (Low)	Income Tax (High)
Ohio	2.85%	4.797%

Goods & Services

Item	Medina	National avg.	Difference
Haircut	$19.82	$20.27	2.2%
Beauty Salon	$32.55	$40.39	19.4%
Toothpaste	$2.53	$2.36	7.1%
Shampoo	$1.08	$1.08	0.6%
Movie	$11.71	$10.99	6.6%
Bowling	$16.78	$15.49	8.3%

Groceries

Item	Medina	National avg.	Difference
Ground Beef	$4.45	$4.30	3.6%
Fried Chicken	$1.65	$1.40	17.7%
Milk	$1.75	$2.20	20.6%
Potatoes	$2.97	$3.22	7.6%
Pizza	$10.83	$10.74	0.8%
Beer	$8.99	$9.60	6.3%

Health Care

Item	Medina	National avg.	Difference
Optometrist	$90.58	$109.73	17.4%
Doctor	$116.73	$118.34	1.4%
Dentist	$110.67	$100.94	9.6%
Ibuprofen	$10.58	$9.93	6.6%
Lipitor	$518.98	$469.53	10.5%

Housing

Item	Medina	National avg.	Difference
Home Price	$160,700.00	$184,700.00	13.0%
Avg. Mortgage Payment	$951.68	$1,229.62	22.6%
Apartment Rent	$800.00	$949.00	15.7%

Transportation

Item	Medina	National avg.	Difference
Gasoline	$2.74	$2.71	1.2%
Tire Balancing	$46.16	$51.86	11.0%

Utilities

Item	Medina	National avg.	Difference
All Electricity	$165.92	$170.84	2.9%
Phone	$183.98	$187.18	1.7%

Although the cost of living data is updated regularly, this cost of living information is to be used as estimates only as prices can change on an ongoing basis.

Nearby cities with low cost of living

City	Population	Cost of Living Index	National Avg.
Lodi, OH	2,789	84	15.7%
Congress, OH	78	85	15.3%
Barberton, OH	26,266	85	15.0%
West Salem, OH	1,647	85	14.7%
Burbank, OH	212	85	14.6%
Medina, OH	26,445	95	5.3%

Cities with similar population

City	Population	Cost of Living Index	National Avg.
Fremont, NE	26,450	88	11.6%
Holbrook, NY	26,435	143	43.2%
Kankakee, IL	26,424	85	15.1%
Lemon Grove, CA	26,421	131	31.2%
Batavia, IL	26,413	112	12.5%
Medina, OH	26,445	95	5.3%

Source: This data reflects 2021 and was released from C2ER in January, 2022; this is the most current data available.