Cost of Living in South Mount Vernon, OH

With a cost of living index of 91, South Mount Vernon, OH is slightly more affordable than average. Living here is 9% cheaper than the national average and 13% above the Ohio state average of 78. South Mount Vernon is a small community of 702 residents.

The median household income in South Mount Vernon is $50,234, 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.

Everyday prices in the Columbus, 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.