Cost of living in Lima
Lima, Ohio, offers a unique blend of small-town charm and urban convenience. Understanding the cost of living here is crucial for anyone considering a move or planning to budget effectively.
This guide provides a detailed breakdown of expenses in Lima, covering everything from dining and groceries to housing and transportation.
Cost of Living Summary
Dining and Restaurants
- Inexpensive Restaurant Meal - A meal at a casual restaurant will typically cost $20 on average, with a range between $10 and $30.
- Mid-Range Restaurant (Three-Course Meal for Two) - For a more upscale dining experience, expect to pay around $75, with prices ranging from $52 to $100.
- Fast Food (e.g., McDonald's) - A McMeal or equivalent combo meal averages $11, with a range between $10 and $12.45.
- Beverages (e.g., Domestic Beer, Imported Beer, Cappuccino, Coke/Pepsi) - Domestic beer ranges from $3 to $8, imported beer $5 to $10, cappuccino $2.19 to $6.79, and Coke/Pepsi $2 to $3.49.
Grocery Prices
- Milk - Milk is priced between $0.71 and $1.06 per liter, averaging $0.9.
- Bread (Loaf of Fresh White Bread) - A loaf of fresh white bread costs between $1.97 and $4.41, with an average price of $2.85.
- Eggs (Dozen) - A dozen eggs range from $1.4 to $4.65, averaging $2.88.
- Fruits (e.g., Apples, Oranges) - Apples cost $4.39 to $6.61 per kg, while oranges range from $2.18 to $8.82 per kg.
- Vegetables (e.g., Potatoes, Lettuce) - Potatoes are priced between $2.2 and $6.61 per kg, and lettuce costs $1.79 to $2.29 per head.
Transportation
- Public Transport (One-Way Ticket) - A one-way local transport ticket is generally free, with a monthly pass priced at $43.
- Fuel (Gasoline) - Gasoline is priced between $0.75 and $0.99 per liter.
- Taxi Fares - Taxi fares start at $3, with a cost of $1.26 to $2.17 per km and $27 per hour of waiting.
Housing Costs
- 1-Bedroom Apartment Rent (City Centre) - Rent for a 1-bedroom apartment in the city centre ranges from $650 to $1100, averaging $875.
- 1-Bedroom Apartment Rent (Outside Centre) - Outside the centre, rent ranges from $750 to $1500, averaging $1125.
- 3-Bedroom Apartment Rent (City Centre) - Rent for a 3-bedroom apartment in the city centre averages $1800.
- 3-Bedroom Apartment Rent (Outside Centre) - Outside the centre, rent averages $1900.
Utilities
- Basic Utilities (Electricity, Heating, Water, etc.) - Basic utilities for an 85m2 apartment cost between $160 and $379, averaging $245.89.
- Internet - Internet services range from $50 to $98, with an average cost of $70.72.
Cost of Living Rankings
The cost of living indices for the United States are compared to New York City (NYC), which serves as the baseline with an index of 100. These provide insights into the relative cost of living in different cities in United States, covering factors like consumer goods, rent, and purchasing power.
Cost of Living Data
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"Key Takeaways"
Lima, OH, offers a relatively affordable cost of living compared to larger cities. Dining and grocery prices are moderate, making it easier to manage daily expenses.
Housing costs vary significantly depending on location, with city centre apartments being more affordable than those outside the centre.
Transportation is economical, especially with free one-way local transport tickets, though owning a car may incur additional costs.
Conclusion
In conclusion, Lima, OH, presents a balanced cost of living that caters to a variety of lifestyles. Whether you're dining out, shopping for groceries, or renting an apartment, the expenses are manageable.
For those considering a move to Lima, understanding these costs can help in making informed financial decisions and ensuring a comfortable lifestyle.