Cost of Living in Lima, OH
|Cost of Living in Lima, OH||Compared to State Average||Compared to National Average|
|Housing (Buy and Rent)||21% lower||38% lower|
|Utilities (Monthly)||3% lower||10% lower|
|Food||1% lower||2% lower|
|Healthcare||15% higher||12% higher|
|Transportation||7% higher||5% higher|
|Goods & Services||3% higher||1% higher|
The cost of living in Lima, OH is 3% lower than the state average and 11% lower than the national average. Lima, OH housing is 38% cheaper than the U.S average, while utilities are about 10% less pricey. When it comes to basic necessities such as food and clothing, groceries are around 1% more in Lima, OH than in the rest of the country, while clothing costs around 1% more .
Healthcare services such as doctor check-ups and dentistry cost 12% more here compared to the U.S. average. At the same time, non-necessary expenses such as entertainment and grooming services are 1% pricier in Lima, OH.
Housing (Buy and Rent)
Housing is the most significant expense for most American households. The cost of living in a certain city takes into account both the price of rent and the price of a home. The average monthly rent in Lima is $331, while home prices circle around $247,960.
Both owning and renting come with utility expenses. These costs include basic services such as energy and telecommunications. In Lima, energy bills cost around $141.75 per month.
Food is the most important necessity and its cost varies around the country. This section includes the prices of everyday foods such as produce, meat and dairy. A bottle of milk costs about $1.68 in Lima, a dozen eggs go for around $1.14 and a pound of potatoes circles around $3.15.
The benchmark for this category is based on the prices of family doctor visits and specialized services such as optometry. In Lima, an optometry check-up costs around $125.04, while a dentist appointment is priced $128.02 on average.
Transportation expenses depend on multiple factors, with fuel being the most important. A gallon of gas is priced around $2.44 in Lima, while getting your tires balanced will run you about $52.82.
Goods & Services
The cost of clothing tells you how much more or less money you need to buy basic items such as jeans, shirts or slacks in a new city. A men's shirt costs around $38.36 here. Meanwhile, a pair of women's slacks will set you back around $44.50.
The cost of entertainment and everyday services is based on common expenses in each category. For a movie ticket in Lima, you should budget around $12.65 a month. When it comes to personal services, a haircut usually goes for $13.36, while dry cleaning costs about $12.67.
The cost of living also takes median household income into account, so you can estimate how much more or less you could be earning in a new city by comparing it to the income in your current area. In Lima, the median household income is $34,586.