Cost of Living in Old Washington, OH

With a cost of living index of 83, Old Washington, OH is a very affordable place to live. Living here is 17% cheaper than the national average and 5% above the Ohio state average of 78. Old Washington is a small community of 267 residents.

Housing costs are the biggest factor in Old Washington's cost of living. The median monthly rent is $1,272 (4% below the US median of $1,319), and the median home value sits at $145,800 (52% below the national median of $304,900). At current prices, the median home costs roughly 1.5x the median household income — well within traditional affordability guidelines.

The median household income in Old Washington is $100,208, which is 33% 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.

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.