Canton, OH

Very Low · 48

Ohio · Population 70,105 · Updated March 2026

$826
Median Rent / Month
$39,754
Median Income
$94,400
Median Home Value
$784
Owner Costs / Month

Affordability

How far your income goes in Canton

24.9%
Rent-to-Income Ratio
Affordable
Rent takes less than 25% of median income — considered affordable by HUD standards.

Tax Burden in Ohio

State-level tax rates that affect your costs

3.5%
Income Tax (Top Rate)
5.75%
Sales Tax
1.53%
Property Tax Rate

Estimated Annual Costs

$9,912
Annual Rent
$1,391
State Income Tax
$1,444
Property Tax (est.)

Cost of Living Overview

Canton is significantly cheaper than the national average, making it an attractive option for budget-conscious individuals and families. With a cost index of 48 (where 100 equals the national median), Canton residents can expect to pay median rent of $826/month while earning a median household income of $39,754/year.

The median home value in Canton, OH is $94,400, with typical monthly owner costs around $784 including mortgage, insurance, and taxes. The median rent-to-income ratio of 24.9% means housing is relatively affordable here — well below the 30% threshold that HUD considers cost-burdened.

Ohio has a moderate income tax rate of 3.5%. Combined with a 5.75% sales tax rate and 1.53% effective property tax rate, the overall tax environment is a factor in the total cost of living in Canton.

Frequently Asked Questions

Common questions about living costs in Canton

What is the cost of living in Canton, OH?
The cost of living index in Canton, OH is 48 (US average = 100). Median monthly rent is $826, median household income is $39,754/year, and the median home value is $94,400.
Is Canton, OH affordable?
Yes, Canton is more affordable than the national average with a cost index of 48. The rent-to-income ratio is 24.9%—below the 30%% threshold considered affordable by HUD.
What is the average rent in Canton, OH?
The median gross rent in Canton, OH is $826 per month according to the US Census Bureau ACS 2023 data. Annual rent costs approximately $9,912.
What is the median household income in Canton?
The median household income in Canton, OH is $39,754 per year. This compares to the national median of approximately $80,000.
What are the taxes like in Ohio?
Ohio has a top income tax rate of 3.5%, a sales tax of 5.75%, and an effective property tax rate of 1.53%.