Cost of Living in Rayland, OH
Population: 494 | Ohio
Rayland is 45% less expensive than the national average.
Cost of Living in Rayland, OH: What You Need to Know
With a cost of living index of 55, Rayland, OH is one of the most affordable cities in the country. Living here is 45% cheaper than the national average and 23% below the Ohio state average of 78. Rayland is a small community of 494 residents.
Housing costs are the biggest factor in Rayland's cost of living. The median monthly rent is $500 (62% below the US median of $1,319), and the median home value sits at $108,000 (65% below the national median of $304,900). At current prices, the median home costs roughly 2x the median household income — well within traditional affordability guidelines.
The median household income in Rayland is $54,479, which is 28% lower than the national median of $75,149. Residents spend roughly 11% 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.
Everyday prices in the Weirton-Steubenville, WV-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.
Income
- Median Household Income
- $54,479
- vs US Median ($75,149)
- -28%
Housing
- Median Rent
- $500/mo
- Median Home Value
- $108,000
- Median Monthly Housing Cost
- $495/mo
Everyday Prices in Rayland
BLS Average Prices for the Weirton-Steubenville, WV-OH (Metropolitan Statistical Area) area