Cost of Living in Helena, OH

With a cost of living index of 83, Helena, OH is a very affordable place to live. Living here is 17% cheaper than the national average and 5% above the Ohio state average of 78. Helena is a small community of 284 residents.

Housing costs are the biggest factor in Helena's cost of living. The median monthly rent is $1,325 (0% below the US median of $1,319), and the median home value sits at $130,800 (57% below the national median of $304,900). At current prices, the median home costs roughly 1.9x the median household income — well within traditional affordability guidelines.

The median household income in Helena is $70,417, which is 6% lower than the national median of $75,149. Residents spend roughly 23% 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 Helena. The area sees an average annual temperature of 51.4°F, with summers averaging 73°F and winters around 29°F. Annual rainfall totals 32.4 inches spread over roughly 127 days. Cold winters mean higher heating bills, an important cost-of-living consideration.

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.