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Cost of Living in Convoy, OH

Population: 1,009 | Ohio

63
Cost of Living Index
US Average = 100

Convoy is 37% less expensive than the national average.

58
Housing
30
Home Values
92
Regional Price

Cost of Living in Convoy, OH: What You Need to Know

With a cost of living index of 63, Convoy, OH is one of the most affordable cities in the country. Living here is 37% cheaper than the national average and 15% below the Ohio state average of 78. Convoy is a small community of 1,009 residents.

Housing costs are the biggest factor in Convoy's cost of living. The median monthly rent is $763 (42% below the US median of $1,319), and the median home value sits at $92,400 (70% below the national median of $304,900). At current prices, the median home costs roughly 1.6x the median household income — well within traditional affordability guidelines.

The median household income in Convoy is $56,250, which is 25% lower than the national median of $75,149. Residents spend roughly 16% 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 Convoy. The area sees an average annual temperature of 50.9°F, with summers averaging 72°F and winters around 28°F. Annual rainfall totals 39.5 inches spread over roughly 135 days. Cold winters mean higher heating bills, an important cost-of-living consideration.

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.

Income

Median Household Income
$56,250
vs US Median ($75,149)
-25%

Housing

Median Rent
$763/mo
Median Home Value
$92,400
Median Monthly Housing Cost
$734/mo

Climate in Convoy

NOAA 30-year normals (1991-2020)

50.9°F
Avg Temperature
39.5"
Rainfall / Year
135d
Rainy Days / Year
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
High °F 33 37 48 61 72 81 84 82 76 64 49 38
Avg °F 26 29 39 50 61 71 74 72 65 53 41 31
Low °F 18 21 29 39 50 60 64 61 53 43 33 24
Rain" 2.5 2.1 2.8 3.7 4.6 4.5 4.1 3.8 3.0 3.0 3.0 2.5

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