Cost of Living in Seven Mile, OH
Population: 591 | Ohio
Seven Mile is 30% less expensive than the national average.
Cost of Living in Seven Mile, OH: What You Need to Know
With a cost of living index of 70, Seven Mile, OH is one of the most affordable cities in the country. Living here is 30% cheaper than the national average and 8% below the Ohio state average of 78. Seven Mile is a small community of 591 residents.
Housing costs are the biggest factor in Seven Mile's cost of living. The median monthly rent is $788 (40% below the US median of $1,319), and the median home value sits at $161,100 (47% below the national median of $304,900). At current prices, the median home costs roughly 3x the median household income — well within traditional affordability guidelines.
The median household income in Seven Mile is $54,280, which is 28% lower than the national median of $75,149. Residents spend roughly 17% 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 Cincinnati, OH-KY-IN (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
- $54,280
- vs US Median ($75,149)
- -28%
Housing
- Median Rent
- $788/mo
- Median Home Value
- $161,100
- Median Monthly Housing Cost
- $957/mo
Everyday Prices in Seven Mile
BLS Average Prices for the Cincinnati, OH-KY-IN (Metropolitan Statistical Area) area