Cost Of Living in Mentor-on-the-Lake, OH

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8%

Overall NAT. AVG.

1%

Groceries NAT. AVG.

19%

Housing NAT. AVG.

Date & Last Updated: These cost of living estimates reflect 2026 modeled data using U.S. Census housing inputs and AI-assisted city-level pricing models.

The cost of living index is based on a national average of 100. For example, if the cost of living score is 90, then the estimated cost of living is 10% lower than the national average. If the score is 110, then the estimated cost of living is 10% higher than average. The overall index is calculated using weighted estimates across major everyday expense categories, including housing (30%), groceries (16%), transportation (12%), healthcare (10%), utilities (8%), lifestyle and entertainment (8%), household expenses (8%), and education and childcare (8%). All values are AI-assisted city-level estimates designed for directional comparisons.
Index	Mentor-on-the-Lake	Ohio	National
Cost of living	92	89	100
Groceries	99	97	100
Health care	97	96	100
Housing	81	74	100
Transportation	95	96	100
Utilities	96	96	100
Lifestyle & Entertainment	93	95	100
Household Items	99	97	100
Education & Childcare	99	93	100

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Homes For Sale In Mentor-on-the-Lake, OH

5859 Sequoia Ct

Mentor on the Lake, OH

7838 Linden St

Mentor on the Lake, OH

7476 Pinehurst Dr

Mentor on the Lake, OH

7639 Salida Rd

Mentor on the Lake, OH

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Cost Of Living Quick Facts

The cost of living in Mentor-on-the-Lake is 3% higher than the Ohio average
The cost of living in Mentor-on-the-Lake is 8% lower than the national average
Mentor-on-the-Lake housing is 19% lower than the national average
Ohio general sales tax is 13% higher than the national average
Ohio state income tax is 6% higher than the national average

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Price difference in compared to

Cost of living index
Groceries index
Health care index
Housing index
Transportation index
Utilities index
Lifestyle index
Household index
Educare index

Median Income & Debt-To-Income Ratio

Median Income	Per Year	Per Month	Max Budget (28% DTI)	Max Budget (36% DTI)
Owners	$112,333	$9,361	$2,621	$3,370
Renters	$74,569	$6,214	$1,740	$2,237

The affordability of the housing market in Mentor-on-the-Lake, OH as well as the overall cost of living can be predicted by what percent of the monthly income is spent on housing related costs. This is konwn as the debt-to-income ratio (DTI). The overall rule of thumb is that no more than 28% of your gross income should be spent on the overall costs related to housing and no more than 36% of gross income on all expenses and debts. Among Mentor-on-the-Lake homeowners, the median income is $112,333. This indicates that a monthly maximum of $2,621 should be spent by homeowners on all housing related costs. Renters have a median income of $74,569. This indicates that renters would have a maximum of $1,740 for their rent related monthly costs.

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	2.76%	3.99%

Nearby cities with low cost of living

City	Population	Cost of Living Index	National Avg.
East Cleveland, OH	17,563	80	20.2%
Kinsman Center, OH	674	82	18.1%
Euclid, OH	48,275	85	15.0%
Fairport Harbor, OH	3,168	88	11.7%
Painesville, OH	20,574	88	11.7%
Mentor-on-the-Lake, OH	7,634	92	7.8%

Cities with similar population

City	Population	Cost of Living Index	National Avg.
Orlovista, FL	7,633	100	0.4%
Tuttle, OK	7,636	96	4.3%
Ponoka, AB	7,631	n/a
Highland Heights, KY	7,638	89	11.0%
Hillcrest, NY	7,628	139	39.1%
Mentor-on-the-Lake, OH	7,634	92	7.8%

Date & Last Updated: These cost of living estimates reflect 2026 modeled data using U.S. Census housing inputs and AI-assisted city-level pricing models.

Cost of Living in Mentor-on-the-Lake, OH

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Cost Of Living Quick Facts

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Median Income & Debt-To-Income Ratio

Ohio Sales Tax

Ohio Income Tax

Nearby cities with low cost of living

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