Cost of Living in Hudson, OH
Housing
The housing market plays a significant role in determining the cost of living in Hudson, OH.
- Housing Index: 85.0 / 100
- Median Home Price is: $321,000
- Average Rent (2 BR Apartment): $2197 per month
- Average Rent (2 BR House): $2388 per month
In Hudson, OH, the housing index sits at 85.0, indicating a relatively affordable housing market compared to the national average. With a median home price of 321000, buyers can find good value. Additionally, rent prices for a 2-bedroom apartment average 2197, while a 2-bedroom house averages 2388. This balance suggests that Hudson offers both cost-effective buying and renting options, appealing to various lifestyles. Remember, wages, job opportunities, and local amenities should also play a crucial role in your decision-making process.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Hudson, OH.
- Electricity Price: $15.92 USD (median by state)
- Natural Gas Price: Data is updating (median by state)
- Other Utilities (water, garbage, etc.): $200 per month
Living in Hudson, OH could entail higher utility costs. Electricity costs sit at $15.92, while natural gas is priced at data unavailable per Thousand Cubic Feet — both aligning with state medians. Expect to budget about $200 monthly for other services like water and garbage. These utility expenses are vital considerations as they directly influence monthly living costs. Comparing these rates to other cities may help ascertain if Hudson is a financially viable option for your relocation.