Cost of Living in Rawson, OH
Population: 679 | Ohio
Rawson is 26% less expensive than the national average.
Cost of Living in Rawson, OH: What You Need to Know
With a cost of living index of 74, Rawson, OH is one of the most affordable cities in the country. Living here is 26% cheaper than the national average and 3% below the Ohio state average of 78. Rawson is a small community of 679 residents.
Housing costs are the biggest factor in Rawson's cost of living. The median monthly rent is $1,081 (18% below the US median of $1,319), and the median home value sits at $115,500 (62% 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 Rawson is $50,313, which is 33% lower than the national median of $75,149. Residents spend roughly 26% of household income on rent. This is near the 30% threshold that financial experts generally consider the upper limit of affordability. 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
- $50,313
- vs US Median ($75,149)
- -33%
Housing
- Median Rent
- $1,081/mo
- Median Home Value
- $115,500
- Median Monthly Housing Cost
- $904/mo