Housing costs in Madeira?
A typical home costs
$563,500, which is 66.7% more expensive than the national average of
$338,100 and 186.0% more expensive than the average Ohio home, at
$197,000. Renting a two-bedroom unit in Madeira costs
$1,660 per month, which is 69.4% more than the national average of
$980 and 34.3% more than the state average of
$1,090.
Can I afford Madeira?
To live comfortably in Madeira (zip 45243), Ohio, a minimum annual income of
$108,000 for a family, and
$50,800 for a single person is recommended.
What does A.I. say about Madeira?
The cost of living in 45243 Madeira, OH is relatively affordable. The median home value in the area is $272,500, and the cost of living index is around 94.1, which is lower than the US average. Other major expenses such as groceries and healthcare are also lower than the national average. This makes it a great place to settle down for those looking for an affordable place to live.