Cost of Living in Munroe Falls, OH

With a cost of living index of 91, Munroe Falls, OH is slightly more affordable than average. Living here is 9% cheaper than the national average and 13% above the Ohio state average of 78. Munroe Falls is a smaller community of 5,019 residents, where everyday costs can differ substantially from nearby larger cities.

The median household income in Munroe Falls is $75,089, which is 0% higher than the national median of $75,149.

Climate is another factor for anyone considering a move to Munroe Falls. The area sees an average annual temperature of 52.3°F, with summers averaging 73°F and winters around 31°F. Annual rainfall totals 32.5 inches spread over roughly 133 days.

Everyday prices in the Akron, OH (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.