Cost of Living in Devola, OH

With a cost of living index of 79, Devola, OH is a very affordable place to live. Living here is 21% cheaper than the national average and in line with the Ohio state average. Devola is a small community of 2,617 residents.

Housing costs are the biggest factor in Devola's cost of living. The median monthly rent is $963 (27% below the US median of $1,319), and the median home value sits at $213,800 (30% below the national median of $304,900). At current prices, the median home costs roughly 2.2x the median household income — well within traditional affordability guidelines.

The median household income in Devola is $96,375, which is 28% higher than the national median of $75,149. Residents spend roughly 12% 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 Devola. The area sees an average annual temperature of 54.3°F, with summers averaging 73°F and winters around 34°F. Annual rainfall totals 42.5 inches spread over roughly 144 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.