Cost of Living in Greenville, OH

With a cost of living index of 66, Greenville, OH is one of the most affordable cities in the country. Living here is 34% cheaper than the national average and 12% below the Ohio state average of 78. Greenville is a smaller community of 12,748 residents, where everyday costs can differ substantially from nearby larger cities.

Housing costs are the biggest factor in Greenville's cost of living. The median monthly rent is $710 (46% below the US median of $1,319), and the median home value sits at $147,200 (52% below 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 Greenville is $46,664, which is 38% lower than the national median of $75,149. Residents spend roughly 18% 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 Greenville. The area sees an average annual temperature of 53.9°F, with summers averaging 74°F and winters around 32°F. Annual rainfall totals 41.3 inches spread over roughly 134 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.