| Index | Monfort Heights | Ohio | National |
| Cost of living | 94 | 89 | 100 |
| Groceries | 99 | 97 | 100 |
| Health care | 99 | 96 | 100 |
| Housing | 89 | 74 | 100 |
| Transportation | 97 | 96 | 100 |
| Utilities | 95 | 96 | 100 |
| Lifestyle & Entertainment | 97 | 95 | 100 |
| Household Items | 96 | 97 | 100 |
| Education & Childcare | 91 | 93 | 100 |
Are you thinking about relocating, but curious about the potential cost of living in Monfort Heights? Is it more expensive or more affordable than average? Based on the most recent report, the cost of living in Monfort Heights stands at 94, making it 6% lower than the national average. The cost of living directly affects the affordability of one's desired lifestyle. Knowing the cost of housing, transportation, groceries and other essentials in the new area allows people to gauge whether they can maintain their preferred standard of living.
The cost of living in Monfort Heights is about average when compared to all other cities across the nation. You can expect that everyday items like food, household expenses and utility bills will be no more expensive than any other average city. Residents can anticipate living expenses that remain in line with the national average, ensuring a manageable financial burden, making it an attractive choice for those seeking affordability without the constraints of higher everyday expenditures.
Is Monfort Heights 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 Monfort Heights is 11.5% lower than the national average, while the average monthly rent prices are 9.6% lower than average. The affordability of any location can also be influenced by median income levels. Monfort Heights has a median household income of $116,731, which is 43.5% higher than the national average.
Healthcare: Healthcare costs and insurance premiums can undergo substantial fluctuations based on the city or state of residence. Elements such as the availability of healthcare facilities, out-of-pocket costs for medical consultations, dental expenses, prescription medication charges and specialized medical care fees all contribute to variations in the cost of living. In Monfort Heights, healthcare costs are 1.5% lower than the national average.
Subsidies: Certain regions may provide government subsidies or assistance initiatives designed to alleviate the cost of living burden on their residents. These programs encompass a wide range of support mechanisms, such as Medicare, Medicaid, housing subsidies, low-income home energy assistance programs, school lunch programs, supplemental nutrition assistance programs, student loans, electric vehicle tax credits, affordable care act subsidies and farming subsidies. Areas with fewer subsidy offerings might experience an elevation in their cost of living.
Taxes: Cities that impose higher taxes, including sales and income taxes, can contribute to an escalated cost of living. The added expense of taxes on everyday goods like clothing and food naturally results in higher overall costs. Similarly, a higher income tax rate can further elevate the cost of living. In Monfort Heights, the general sales tax rate starts at 5.75%, and income tax rates begin at 2.76%.
The Monfort Heights cost of living data above is designed around a U.S. average baseline of 100, allowing for easy comparisons of relative living costs. Housing incorporates U.S. Census home price and rental data, while all other figures are AI-assisted estimates that account for regional price trends, climate, transportation dynamics, and common everyday expenses. These values are best used as directional 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 | $130,237 | $10,853 | $3,039 | $3,908 |
| Renters | $75,032 | $6,253 | $1,751 | $2,251 |
| 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. |
| Plainville, OH | 159 | 97 | 3.4% |
| Shawnee, OH | 1,081 | 95 | 4.8% |
| Petersburg, KY | 375 | 95 | 4.8% |
| Elizabethtown, OH | 295 | 75 | 24.9% |
| Hooven, OH | 336 | 77 | 22.7% |
| Monfort Heights, OH | 13,537 | 94 | 5.7% |
| City | Population | Cost of Living Index | National Avg. |
| San Marino, CA | 13,535 | 337 | 237.2% |
| Avenal, CA | 13,541 | 106 | 6.2% |
| Glenn Heights, TX | 13,529 | 100 | 0.4% |
| Coatesville, PA | 13,546 | 96 | 3.6% |
| Central Elgin, ON | 13,549 | n/a | |
| Monfort Heights, OH | 13,537 | 94 | 5.7% |
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