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Cost of Living in Lima, OH

2025 Affordability Data & Housing Costs

87.2
Cost of Living Index (100 = US Average)
Affordable

Median Home Value

$95,900
Owner-occupied homes (2023 ACS)

Median Household Income

$43,370
Annual (2023 ACS)

Housing Costs

The median home value in Lima is $95,900, which is lower than the national average. The home price-to-income ratio is 2.2, indicating strong affordability.

Income & Purchasing Power

The median household income in Lima is $43,370 annually.

Compare with Other Cities

Frequently Asked Questions

What is the cost of living index in Lima, OH?
The COL index is 87.2, which is lower than the US average of 100.
What is the median home value in Lima?
The median home value is $95,900.
What is the median rent in Lima?
Data not available.

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