Youngstown, OH

Very Low · 38

Ohio · Population 59,605 · Updated March 2026

$718
Median Rent / Month
$34,746
Median Income
$58,400
Median Home Value
$607
Owner Costs / Month

Affordability

How far your income goes in Youngstown

24.8%
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

$8,616
Annual Rent
$1,216
State Income Tax
$894
Property Tax (est.)

Cost of Living Overview

Youngstown is significantly cheaper than the national average, making it an attractive option for budget-conscious individuals and families. With a cost index of 38 (where 100 equals the national median), Youngstown residents can expect to pay median rent of $718/month while earning a median household income of $34,746/year.

The median home value in Youngstown, OH is $58,400, with typical monthly owner costs around $607 including mortgage, insurance, and taxes. The median rent-to-income ratio of 24.8% 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 Youngstown.

Frequently Asked Questions

Common questions about living costs in Youngstown

What is the cost of living in Youngstown, OH?
The cost of living index in Youngstown, OH is 38 (US average = 100). Median monthly rent is $718, median household income is $34,746/year, and the median home value is $58,400.
Is Youngstown, OH affordable?
Yes, Youngstown is more affordable than the national average with a cost index of 38. The rent-to-income ratio is 24.8%—below the 30%% threshold considered affordable by HUD.
What is the average rent in Youngstown, OH?
The median gross rent in Youngstown, OH is $718 per month according to the US Census Bureau ACS 2023 data. Annual rent costs approximately $8,616.
What is the median household income in Youngstown?
The median household income in Youngstown, OH is $34,746 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%.