Cost of living index

Lima, OH

89.7 / 100

Living in Lima, OH is 10.3% cheaper than the US average — the #294 of 387 highest nationally.

Median rent: $898/mo

Median home value: $158,400

Figures — including the cost index, median rent, and median home value — cover the wider Lima, OH metropolitan area, not individual neighbourhoods or city boundaries.

Seasonal weather

Winter

37° / 23°F

(3° / -5°C)

6.3 in precip

Spring

60° / 40°F

(16° / 4°C)

9.9 in precip

Summer

82° / 62°F

(28° / 17°C)

11.1 in precip

Fall

63° / 44°F

(17° / 7°C)

8.3 in precip

30-year climate normals (1991–2020) from LIMA ALLEN CO AP, via NOAA.

What it costs to live in Lima, OH

The Lima, OH metro area has an overall price level of 89.7 compared with the national average of 100, meaning everyday costs run about 10.3% lower than a typical US metro. Housing tells the sharper story: at 57.3 it is 42.7% below the national average. Housing rents are often one of the largest sources of difference between metro areas, so this figure can have a significant impact when comparing locations.

Cost breakdown

Overall#294 of 387

89.7

Goods#378 of 387

93.6

Housing rents#344 of 387

57.3

Utilities#112 of 387

95.8

Other services#172 of 387

98.9

Lima, OH is moved down the most by housing rents, at 57.3 vs a US average of 100, while the closest to average is other services.

How Lima, OH compares

Other metros in Ohio

Akron, OH93.4 Canton, OH89.4 Cincinnati, OH95.4 Cleveland, OH93.9 Columbus, OH95.5 Dayton, OH92.7 Mansfield, OH88.9 Sandusky, OH89.3

See all 12 metros in Ohio →See the cheapest and most expensive US metros →

Data source

Figures on this page come from the US Bureau of Economic Analysis (BEA) Regional Price Parities dataset, 2024 — the most recent year published. An index of 100 marks the national average; a metro above 100 has higher prices than a typical US metro, below 100 lower. Median rent and median home value are from the US Census Bureau’s American Community Survey (ACS) 2023 5-year estimates, and seasonal weather is from NOAA’s 1991–2020 climate normals. These are regional figures only, not a complete personal budget — they don’t account for individual spending habits, taxes, or household circumstances. See the full methodology for how the index and salary-equivalent estimates are calculated.

Compare My City is an independent project and is not operated by, endorsed by, or affiliated with the Bureau of Economic Analysis, the Census Bureau, or NOAA.

Common questions

Is Lima, OH an expensive place to live?

Lima, OH has an overall cost-of-living index of 89.7, where 100 is the US average. That makes it about 10.3% cheaper than the country as a whole.

Is housing expensive in Lima, OH?

Housing rents in Lima, OH score 57.3 against a US average of 100 — roughly 42.7% below average. Housing rents are often the main driver of differences in overall price levels between metro areas.

How does Lima, OH compare to the US average cost of living?

Overall prices in Lima, OH sit at 89.7 versus 100 for the US average, with housing at 57.3. Figures come from the US Bureau of Economic Analysis for 2024.