Cost of Living in Wellsville, OH

With a cost of living index of 60, Wellsville, OH is one of the most affordable cities in the country. Living here is 41% cheaper than the national average and 18% below the Ohio state average of 78. Wellsville is a small community of 3,096 residents.

Housing costs are the biggest factor in Wellsville's cost of living. The median monthly rent is $753 (43% below the US median of $1,319), and the median home value sits at $55,400 (82% below the national median of $304,900). At current prices, the median home costs roughly 1.9x the median household income — well within traditional affordability guidelines.

The median household income in Wellsville is $29,440, which is 61% lower than the national median of $75,149. Residents spend roughly 31% of household income on rent. This exceeds the recommended 30% threshold, meaning many renters here are cost-burdened. 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.