Cost of Living in Marion, OH
Housing
The housing market plays a significant role in determining the cost of living in Marion, OH.
- Housing Index: 91.8 / 100
- Median Home Price is: $140,000
- Average Rent (2 BR Apartment): $1149 per month
- Average Rent (2 BR House): $1249 per month
Considering moving to Marion, OH? The housing index stands at 91.8, suggesting a moderately accessible housing market. With a median home price of 140000, purchasing a home here is generally affordable compared to larger metropolitan areas. The average rent for a 2-bedroom apartment is 1149, while a 2-bedroom house averages 1249. Given the current climate, investing in a home may yield long-term benefits. Additionally, this city’s real-estate market trends indicate a potential for value appreciation, making it an attractive option for new residents.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Marion, OH.
- Electricity Price: $15.92 USD (median by state)
- Natural Gas Price: Data is updating (median by state)
- Other Utilities (water, garbage, etc.): $229 per month
Living in Marion, 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 $229 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 Marion is a financially viable option for your relocation.