Cost of Living in Quaker City, OH
Population: 341 | Ohio
Quaker City is 35% less expensive than the national average.
Cost of Living in Quaker City, OH: What You Need to Know
With a cost of living index of 65, Quaker City, 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. Quaker City is a small community of 341 residents.
Housing costs are the biggest factor in Quaker City's cost of living. The median monthly rent is $822 (38% below the US median of $1,319), and the median home value sits at $96,300 (68% below the national median of $304,900). At current prices, the median home costs roughly 2.3x the median household income — well within traditional affordability guidelines.
The median household income in Quaker City is $42,417, which is 44% lower than the national median of $75,149. Residents spend roughly 23% 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.
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.
Income
- Median Household Income
- $42,417
- vs US Median ($75,149)
- -44%
Housing
- Median Rent
- $822/mo
- Median Home Value
- $96,300
- Median Monthly Housing Cost
- $758/mo