Cost of Living in Greenhills, OH

With a cost of living index of 77, Greenhills, OH is a very affordable place to live. Living here is 23% cheaper than the national average and in line with the Ohio state average. Greenhills is a small community of 3,693 residents.

Housing costs are the biggest factor in Greenhills's cost of living. The median monthly rent is $1,017 (23% below the US median of $1,319), and the median home value sits at $166,000 (46% 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 Greenhills is $74,337, which is 1% 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.

Climate is another factor for anyone considering a move to Greenhills. The area sees an average annual temperature of 53.8°F, with summers averaging 74°F and winters around 33°F. Annual rainfall totals 41.4 inches spread over roughly 143 days.

Everyday prices in the Cincinnati, OH-KY-IN (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.