Cost of Living in Calcutta, OH

With a cost of living index of 65, Calcutta, OH is one of the most affordable cities in the country. Living here is 35% cheaper than the national average and 12% below the Ohio state average of 78. Calcutta is a small community of 4,770 residents.

Housing costs are the biggest factor in Calcutta's cost of living. The median monthly rent is $664 (50% below the US median of $1,319), and the median home value sits at $159,700 (48% below the national median of $304,900). At current prices, the median home costs roughly 2.6x the median household income — well within traditional affordability guidelines.

The median household income in Calcutta is $60,341, which is 20% lower than the national median of $75,149. Residents spend roughly 13% of household income on rent. This is a comfortable ratio, well below the 30% threshold that financial experts recommend as a maximum. Lower incomes here are balanced by the significantly lower cost of living, stretching each dollar further.

Climate is another factor for anyone considering a move to Calcutta. The area sees an average annual temperature of 51.8°F, with summers averaging 71°F and winters around 31°F. Annual rainfall totals 39.6 inches spread over roughly 154 days.

Data sources: US Census Bureau (ACS 2023), Zillow Home Values, HUD Fair Market Rents, BEA Regional Price Parities, BLS Average Prices, and NOAA Climate Normals. Updated monthly.