Cost of Living in Ripley, OH
Housing
The housing market plays a significant role in determining the cost of living in Ripley, OH.
- Housing Index: 91.8 / 100
- Median Home Price is: $128,500
- Average Rent (2 BR Apartment): $1363 per month
- Average Rent (2 BR House): $1481 per month
When considering a move to Ripley, OH, it's crucial to analyze the housing options available. With a housing index of 91.8 and a median home price of 128500, it appears this area may provide affordable homeownership opportunities. Although average rent for a 2-bedroom apartment and house is currently at 0.0, suggesting limited rental options, exploring surrounding neighborhoods might provide additional choices. Generally, regions with lower median home prices can signal a higher potential for long-term investment growth. Always consider the local job market and amenities when making your decision.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Ripley, 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 Ripley, 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 Ripley is a financially viable option for your relocation.