Cost of Living in Holmesville, OH

With a cost of living index of 67, Holmesville, OH is one of the most affordable cities in the country. Living here is 33% cheaper than the national average and 11% below the Ohio state average of 78. Holmesville is a small community of 257 residents.

Housing costs are the biggest factor in Holmesville's cost of living. The median monthly rent is $793 (40% below the US median of $1,319), and the median home value sits at $130,600 (57% below the national median of $304,900). At current prices, the median home costs roughly 1.8x the median household income — well within traditional affordability guidelines.

The median household income in Holmesville is $73,000, which is 3% lower than the national median of $75,149. Residents spend roughly 13% 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 Holmesville. The area sees an average annual temperature of 50.2°F, with summers averaging 70°F and winters around 29°F. Annual rainfall totals 41.3 inches spread over roughly 0 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.