Cost of Living
Ohio offers an affordable alternative to the coasts with better quality of life
Why is Ohio Good for Business?
There’s a lot to consider when calculating a state’s cost of living – tax rates, home prices, education. Compared to the coasts, Ohio offers affordable options in many key categories. It all adds up to a low-cost place for doing business that’s just too good to pass up.
Ohio is Affordable
The cost of living in Ohio is lower than both the US and Midwest average (C2ER COLI). Plus, Ohio Ranks No. 3 in Moody’s Housing Affordability Index, which measures the combination of higher median income and lower housing price (2022, Q3).
Ohio is a Great Place to Live
A lower cost of living doesn’t mean compromising on entertainment. In Ohio, you and your employees can enjoy a vibrant lifestyle with festivals, live events, museums, cuisine, arts, and more – plus, all the natural beauty you could ask for with rivers, state parks, and even a Great Lake. Learn more about our Quality of Life.