Cost of Living in Cumberland, OH

With a cost of living index of 60, Cumberland, OH is one of the most affordable cities in the country. Living here is 40% cheaper than the national average and 18% below the Ohio state average of 78. Cumberland is a small community of 362 residents.

Housing costs are the biggest factor in Cumberland's cost of living. The median monthly rent is $694 (47% below the US median of $1,319), and the median home value sits at $82,500 (73% below the national median of $304,900). At current prices, the median home costs roughly 1.5x the median household income — well within traditional affordability guidelines.

The median household income in Cumberland is $56,765, which is 24% lower than the national median of $75,149. Residents spend roughly 15% 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 Cumberland. The area sees an average annual temperature of 52.9°F, with summers averaging 72°F and winters around 33°F. Annual rainfall totals 38.6 inches spread over roughly 138 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.