Cost of Living in Warsaw, OH

With a cost of living index of 62, Warsaw, OH is one of the most affordable cities in the country. Living here is 38% cheaper than the national average and 15% below the Ohio state average of 78. Warsaw is a small community of 534 residents.

Housing costs are the biggest factor in Warsaw's cost of living. The median monthly rent is $677 (49% below the US median of $1,319), and the median home value sits at $118,400 (61% below the national median of $304,900). At current prices, the median home costs roughly 3.2x the median household income — a moderately affordable ratio by today's standards.

The median household income in Warsaw is $36,827, which is 51% lower than the national median of $75,149. Residents spend roughly 22% 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.