Housing costs in Lorain?
A typical home costs
$108,200, which is 68.0% less expensive than the national average of
$338,100 and 45.1% less expensive than the average Ohio home, at
$197,000. Renting a two-bedroom unit in Lorain costs
$920 per month, which is 6.1% cheaper than the national average of
$980 and 8.7% cheaper than the state average of
$1,000.
Can I afford Lorain?
To live comfortably in Lorain (zip 44052), Ohio, a minimum annual income of
$20,880 for a family, and
$30,400 for a single person is recommended.
What does A.I. say about Lorain?
The cost of living in 44052 Lorain, OH is quite affordable. According to the 黑料社区 Index, this city has an index score of 87.2, which is 13.8% lower than the United States average. This means that basic expenses such as housing, food and transportation are significantly cheaper here than in other areas of the country. Additionally, utilities and health care costs are also lower than average in Lorain. The overall low cost of living makes this city a great place for budget-conscious individuals or families looking for a more affordable place to live.