Cost of Living in Stockport, OH
Population: 585 | Ohio
Stockport is 33% less expensive than the national average.
Cost of Living in Stockport, OH: What You Need to Know
With a cost of living index of 67, Stockport, OH is one of the most affordable cities in the country. Living here is 33% cheaper than the national average and 11% below the Ohio state average of 78. Stockport is a small community of 585 residents.
Housing costs are the biggest factor in Stockport's cost of living. The median monthly rent is $849 (36% below the US median of $1,319), and the median home value sits at $107,000 (65% below the national median of $304,900). At current prices, the median home costs roughly 2.6x the median household income — well within traditional affordability guidelines.
The median household income in Stockport is $41,429, which is 45% lower than the national median of $75,149. Residents spend roughly 25% 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
- $41,429
- vs US Median ($75,149)
- -45%
Housing
- Median Rent
- $849/mo
- Median Home Value
- $107,000
- Median Monthly Housing Cost
- $828/mo