Cost of Living in Lore City, OH

With a cost of living index of 68, Lore City, OH is one of the most affordable cities in the country. Living here is 32% cheaper than the national average and 10% below the Ohio state average of 78. Lore City is a small community of 375 residents.

Housing costs are the biggest factor in Lore City's cost of living. The median monthly rent is $857 (35% below the US median of $1,319), and the median home value sits at $115,000 (62% below the national median of $304,900). At current prices, the median home costs roughly 2x the median household income — well within traditional affordability guidelines.

The median household income in Lore City is $56,875, which is 24% 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 Lore City. The area sees an average annual temperature of 52.9°F, with summers averaging 72°F and winters around 33°F. Annual rainfall totals 38.6 inches spread over roughly 138 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.