Cost of Living in Elgin, OH
Population: 80 | Ohio
Elgin is 19% less expensive than the national average.
Cost of Living in Elgin, OH: What You Need to Know
With a cost of living index of 81, Elgin, OH is a very affordable place to live. Living here is 19% cheaper than the national average and 4% above the Ohio state average of 78. Elgin is a small community of 80 residents.
The median household income in Elgin is $88,289, which is 17% higher than the national median of $75,149.
Climate is another factor for anyone considering a move to Elgin. The area sees an average annual temperature of 51.4°F, with summers averaging 72°F and winters around 30°F. Annual rainfall totals 35.8 inches spread over roughly 139 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.
Income
- Median Household Income
- $88,289
- vs US Median ($75,149)
- +17%
Housing
- Median Home Value
- $112,500
- Median Monthly Housing Cost
- $1,083/mo
Climate in Elgin
NOAA 30-year normals (1991-2020)
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| High °F | 34 | 38 | 48 | 61 | 72 | 81 | 84 | 82 | 76 | 64 | 50 | 39 |
| Avg °F | 27 | 30 | 39 | 51 | 62 | 71 | 73 | 72 | 65 | 54 | 42 | 32 |
| Low °F | 20 | 22 | 30 | 40 | 51 | 61 | 63 | 61 | 54 | 44 | 34 | 26 |
| Rain" | 2.2 | 1.9 | 2.6 | 3.6 | 3.8 | 4.0 | 3.7 | 3.5 | 2.9 | 2.7 | 2.8 | 2.3 |