Ohio
2026 Cost of Living Report

The 5 Cheapest Places
to Live in Ohio

We analyzed housing markets, tax rates, and daily expenses across 10 cities to maximize your budget.

#1 Value Pick
Canton
Lowest Cost Index
Cheapest Big City
Toledo
Best metro area value
Avg 1BR Rent
$690/mo
In top 5 affordable cities
#1
Canton
Cost Index
88.5
1BR Rent
$690
Median Income
$40k
#2
Toledo
Cost Index
90.4
1BR Rent
$753
Median Income
$46k
#3
Dayton
Cost Index
92.3
1BR Rent
$800
Median Income
$46k
#4
Akron
Cost Index
92.8
1BR Rent
$816
Median Income
$50k
#5
Lorain
Cost Index
93.7
1BR Rent
$913
Median Income
$41k

2026 Scientific Ranking: Best Places to Live in Ohio

Methodology Brief
Ocity.org’s definitive 2026 ranking of Ohio’s optimal municipalities relies exclusively on a weighted algorithm analyzing three core data vectors: Safety (40% weighting), Affordability (30%), and Economic Output (30%). This methodology prioritizes quantifiable risk mitigation and financial efficiency over subjective qualitative assessments. By applying this rigor to ten major Ohio cities, we identify locations that offer the highest statistical probability of a secure, economically sustainable standard of living.

Top 3 Winners Deep Dive

Rank #1: Parma
Parma secures the top position by delivering a statistically significant balance across all metrics. The city’s safety profile is optimized for its population size, with a violent crime rate of 309 incidents per 100,000 residents—a figure that anchors its high safety weighting. This security is paired with a median income of $66,681, the highest in the cohort, providing exceptional economic output. Furthermore, its cost of living is controlled, with a median one-bedroom rent of $890. The data indicates Parma offers the highest-yield combination of security, income, and affordability, making it the state’s premier choice for 2026.

Rank #2: Hamilton
Hamilton ranks second by mirroring Parma’s safety metrics while offering a distinct value proposition. The city maintains a violent crime rate of 309/100k, identical to the top-ranked city, ensuring a safety-optimized environment. While its median income of $54,293 is lower than Parma’s, it remains substantially above the state average. The critical differentiator is affordability; with a median one-bedroom rent of $919, Hamilton provides access to a high-safety zone at a cost comparable to higher-income cities, validating its strong secondary position.

Rank #3: Lorain
Lorain achieves its rank by leveraging a cost advantage within a safe perimeter. It matches the safety profile of the top two cities with a violent crime rate of 309/100k, establishing a secure baseline. Its economic output, reflected in a median income of $41,480, is lower than the top two, but its affordability is superior. The median one-bedroom rent of $913 is competitive, but when adjusted for income, the cost burden is lower than in higher-ranked cities. The data confirms Lorain as a highly efficient option for residents prioritizing safety and controlled housing costs.

The 'Hidden Gem': Canton
While Canton ranks fourth overall, it emerges as the definitive “Hidden Gem” for value. The city’s data profile is exceptional: it shares the same statistically secure violent crime rate of 309/100k as the top three cities. However, its median rent of $690 is the lowest in the top 10, representing a 22.5% discount compared to the average rent of the top three. This creates an unparalleled affordability index. While the median income of $39,692 is modest, the extreme cost efficiency, combined with a safety profile matching the top tier, yields the highest value-to-cost ratio in the dataset.

Full Rankings Table

Rank City Population Median Income Violent Crime Rate (/100k) Rent (1BR)
1 Parma 78,952 $66,681 309 $890
2 Hamilton 63,124 $54,293 309 $919
3 Lorain 65,330 $41,480 309 $913
4 Canton 69,196 $39,692 309 $690
5 Columbus 909,074 $62,350 548 $1,065
6 Akron 188,692 $50,025 567 $816
7 Toledo 265,306 $46,302 678 $753
8 Dayton 135,507 $45,995 678 $800
9 Cincinnati 311,112 $54,314 789 $919
10 Cleveland 362,670 $39,041 1,456 $913

📈 Cost Breakdown

📊 Top 5 Ranking

🎯 Elite Tier Comparison

Frequently Asked Questions

What is the best place to live in Ohio?

Based on our 2026 analysis of safety, affordability, and economic opportunity, Canton ranks as the #1 best place to live in Ohio. Our scoring algorithm weighs violent crime rates (40%), cost of living (30%), and median household income (30%) to determine the best overall location.

What is the safest city in Ohio?

Canton has the lowest violent crime rate among major cities in Ohio, making it the safest option for families and individuals prioritizing security. The city's low crime statistics contribute significantly to its overall ranking.

What is the most affordable place to live in Ohio?

Canton offers the best value for residents in Ohio, with a cost of living index below the state average. Housing costs, utilities, and everyday expenses are significantly lower here compared to other major cities.

Which city in Ohio has the highest salaries?

Parma boasts the highest median household income in Ohio, making it ideal for career-focused professionals. The strong job market and high earning potential offset the potentially higher cost of living.

How are the best places to live rankings calculated?

Our rankings use a weighted algorithm: Safety Score (40%) based on FBI violent crime data, Affordability Score (30%) based on cost of living indices, and Prosperity Score (30%) based on median household income from Census Bureau data. Each city receives a composite score out of 100.