Cost of Living in McArthur, OH

With a cost of living index of 65, McArthur, OH is one of the most affordable cities in the country. Living here is 35% cheaper than the national average and 13% below the Ohio state average of 78. McArthur is a small community of 2,052 residents.

Housing costs are the biggest factor in McArthur's cost of living. The median monthly rent is $558 (58% below the US median of $1,319), and the median home value sits at $195,000 (36% below the national median of $304,900). At current prices, the median home costs roughly 3.6x the median household income — a moderately affordable ratio by today's standards.

The median household income in McArthur is $53,519, which is 29% 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. 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 McArthur. The area sees an average annual temperature of 52.2°F, with summers averaging 72°F and winters around 32°F. Annual rainfall totals 40.3 inches spread over roughly 153 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.