Cost of Living in Morrow, OH

With a cost of living index of 82, Morrow, OH is a very affordable place to live. Living here is 18% cheaper than the national average and 5% above the Ohio state average of 78. Morrow is a small community of 2,526 residents.

Housing costs are the biggest factor in Morrow's cost of living. The median monthly rent is $970 (26% below the US median of $1,319), and the median home value sits at $242,300 (21% below the national median of $304,900). At current prices, the median home costs roughly 3.1x the median household income — a moderately affordable ratio by today's standards.

The median household income in Morrow is $79,345, which is 6% higher than the national median of $75,149. Residents spend roughly 15% 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 Morrow. The area sees an average annual temperature of 52.6°F, with summers averaging 72°F and winters around 32°F. Annual rainfall totals 42.4 inches spread over roughly 145 days.

Everyday prices in the Cincinnati, OH-KY-IN (Metropolitan Statistical Area) metro area are generally below the national average. Out of 6 common items tracked by the Bureau of Labor Statistics, 6 are priced lower than the US average. These real-world prices — from groceries to electricity — add up and should be factored into any cost of living comparison.

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.