Cost of Living in Galena, OH

With a cost of living index of 105, Galena, OH is somewhat more expensive than average. Living here is 5% more expensive than the national average and 28% above the Ohio state average of 78. Galena is a small community of 1,427 residents.

Housing costs are the biggest factor in Galena's cost of living. The median monthly rent is $1,240 (6% below the US median of $1,319), and the median home value sits at $422,400 (39% above 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 Galena is $131,324, which is 75% higher than the national median of $75,149. Residents spend roughly 11% 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 Galena. The area sees an average annual temperature of 52.4°F, with summers averaging 73°F and winters around 31°F. Annual rainfall totals 35.8 inches spread over roughly 133 days.

Everyday prices in the Columbus, 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.