Fostoria, OH

Very Low · 43

Ohio · Population 12,671 · Updated March 2026

$759
Median Rent / Month
$52,943
Median Income
$81,500
Median Home Value
$711
Owner Costs / Month

Affordability

How far your income goes in Fostoria

17.2%
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

$9,108
Annual Rent
$1,853
State Income Tax
$1,247
Property Tax (est.)

Cost of Living Overview

Fostoria is significantly cheaper than the national average, making it an attractive option for budget-conscious individuals and families. With a cost index of 43 (where 100 equals the national median), Fostoria residents can expect to pay median rent of $759/month while earning a median household income of $52,943/year.

The median home value in Fostoria, OH is $81,500, with typical monthly owner costs around $711 including mortgage, insurance, and taxes. The median rent-to-income ratio of 17.2% 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 Fostoria.

Frequently Asked Questions

Common questions about living costs in Fostoria

What is the cost of living in Fostoria, OH?
The cost of living index in Fostoria, OH is 43 (US average = 100). Median monthly rent is $759, median household income is $52,943/year, and the median home value is $81,500.
Is Fostoria, OH affordable?
Yes, Fostoria is more affordable than the national average with a cost index of 43. The rent-to-income ratio is 17.2%—below the 30%% threshold considered affordable by HUD.
What is the average rent in Fostoria, OH?
The median gross rent in Fostoria, OH is $759 per month according to the US Census Bureau ACS 2023 data. Annual rent costs approximately $9,108.
What is the median household income in Fostoria?
The median household income in Fostoria, OH is $52,943 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%.