Cost of Living in Lima, OH
Lima, OH — prices, rents and what jobs really pay here after taxes.
Salary comparison calculator
What would you need to earn in Lima, OH to keep the same lifestyle — after taxes — as in another city?
Prices in Lima, OH vs. the U.S. average
| Category | Index (U.S. = 100) | Difference |
|---|---|---|
| All items | 89.7 | −10.3% |
| Housing | 57.3 | −42.7% |
| Goods | 93.6 | −6.4% |
| Utilities | 95.8 | −4.2% |
| Other services | 98.9 | −1.1% |
Source: BEA Regional Price Parities, 2024.
Rent in Lima, OH
| Unit | Monthly rent | Income needed (30% rule) |
|---|---|---|
| Studio | $839 | $33,560/yr |
| 1 bedroom | $844 | $33,760/yr |
| 2 bedrooms | $1,108 | $44,320/yr |
| 3 bedrooms | $1,338 | $53,520/yr |
| 4 bedrooms | $1,493 | $59,720/yr |
HUD Fair Market Rents, FY2026, population-weighted across the metro's counties.
Take-home pay in Lima, OH
- Federal income tax$3,480
- Social Security (6.2%)$2,925
- Medicare (1.45%)$684
- Ohio income tax$515
- Take-home pay$39,566
Marginal rate: 12% federal + 2.75% state
Frequently asked questions
Is Lima, OH expensive to live in?
According to the Bureau of Economic Analysis, overall prices in the Lima, OH metro area are 89.7% of the U.S. average, with housing at 57.3%. It is the #295 most expensive of 387 metro areas we track.
What salary do you need to live in Lima, OH?
To match the buying power of a $60,000 salary in an average-priced U.S. city you would need about $53,801 in Lima, OH (before tax differences). The median wage across all jobs here is $47,170.
How much is rent in Lima, OH?
HUD’s FY2026 fair market rents for Lima, OH are $839 for a studio, $844 for one bedroom, $1,108 for two bedrooms and $1,338 for three bedrooms, including utilities.