Cost of Living in Centerville, OH

With a cost of living index of 90, Centerville, OH is a very affordable place to live. Living here is 10% cheaper than the national average and 12% above the Ohio state average of 78. Centerville is a smaller community of 24,815 residents, where everyday costs can differ substantially from nearby larger cities.

Housing costs are the biggest factor in Centerville's cost of living. The median monthly rent is $1,182 (10% below the US median of $1,319), and the median home value sits at $262,300 (14% below the national median of $304,900). At current prices, the median home costs roughly 3.2x the median household income — a moderately affordable ratio by today's standards.

The median household income in Centerville is $81,500, which is 8% higher than the national median of $75,149. Residents spend roughly 17% of household income on rent. This is a comfortable ratio, well below the 30% threshold that financial experts recommend as a maximum.

Climate is another factor for anyone considering a move to Centerville. The area sees an average annual temperature of 54.1°F, with summers averaging 74°F and winters around 33°F. Annual rainfall totals 41 inches spread over roughly 140 days.

Everyday prices in the Dayton-Kettering-Beavercreek, OH (Metropolitan Statistical Area) metro area are generally below the national average. Out of 6 common items tracked by the Bureau of Labor Statistics, 6 are priced lower than the US average. These real-world prices — from groceries to electricity — add up and should be factored into any cost of living comparison.

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.