Living in Columbus, OH

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Columbus offers all the advantages of big city life. But the hustle and bustle is offset by more greenery and openness than a lot of cities can boast, and the cost of living is significantly lower than average. Let’s learn in-depth about what it is like to call Columbus, Ohio home!

The Columbus Cost of Living is Low

Sperling’s Best Places rates cost of living on a scale where the US average is 100. Locations which score higher than 100 are more expensive than the average. Those that score less than 100 are less expensive than average.

On that scale, Ohio gets a rating of 87.7, and Columbus gets a rating of 90.4. Utilities and transportation costs are just marginally higher than the US average, but all other costs across the board are lower. Some of the most substantial savings are in the area of housing, as we will discuss a few sections down.

Columbus Taxes

State income taxes in Ohio range up to 4.997%. This is a bit higher than the state tax rates in Indiana, Michigan and Pennsylvania. But it is significant lower than the tax rates in Kentucky and West Virginia.

The general sales tax rate in Columbus is 5.75%, while the combined rate is 7.5%. This is neither the lowest nor the highest sales tax rate around.

Employment in Columbus is Growing

The US Census reports that the median household income in Columbus is around $49,478. The per capita income on average is around $26,778, and just over 20% of the population lives in poverty. Even though this is a bit lower than the average income nationwide, remember that the cost of living is lower as well.

The unemployment rate in Columbus according to Sperling’s is 3.80%, which is lower than the 3.90% reported for the nation. That’s great news for job candidates! Even though recent Columbus job growth has been lagging behind US job growth, future local job growth is actually expected to outstrip it. That means more and more opportunity.

How Much Does the Average Home Cost in Columbus?

Sperling’s records the median home cost in Columbus as $156,400, which is a great deal lower than the $219,700 median home cost nationwide. As housing is a long-term investment, this is excellent for your financial present and future.

Columbus is a Hotspot for Education

In all, there are 236 public schools and 48 private schools in Columbus, adding up to 284 schools altogether. Of interest is the fact that $18,391 is spent on every student by the school system in Columbus. This is impressively higher than the $12,383 average for the country.

There are two public colleges in the city. These are the Ohio State University and the Columbus State Community College. U.S. News & World Report has given high rankings to the Ohio State University. There are also a number of private higher education institutions to choose from.

All in all, education is a great reason to make Columbus, Ohio your long-term home. Opportunities abound for students of all ages.

Getting Around Columbus

There are multiple bus services operating in the area. These include a municipal service provided by the Central Ohio Transit Authority (COTA) and intercity buses operated by a variety of companies.

It may not surprise you that the majority of people who live in the Columbus metropolitan area drive to and from work since there is no rail. The average commute time in one direction is 21.6 minutes, which is a significant reduction from the 26.4 minute nationwide average. That is awesome if you hate being stuck in traffic.

How is the Weather in Columbus?

Love variety in your weather? Then you will be a fan of the Columbus climate. On average, you can expect 40 inches of rain (just an inch above the US average). You will get about 22 average snowfall inches annually (a few inches less than the nationwide average). The average sunny days are 178 (compared to 202 for the country) each year.

As for temperatures, wintertime lows drop to around 20°F while summertime highs range up to around 85°F. That means that it can get a bit cold during the winter, but at least you know that it will not fit to blazing hot during the summer.

Leisure and Entertainment in Columbus

Columbus is home to a number of well-known festivals during the year. Some of these include the Columbus Arts Festival, the Jazz and Ribs Festival, and Rock on the Range. So there is always something exciting to participate in.

If you enjoy parks and gardens, Columbus is a particularly lovely city to move to. Within the Columbus and Franklin County Metropolitan Park District alone, there are a number of destinations worth visiting. Some of these include Highbanks Metro Park, the Inniswood Metro Gardens, and Battelle-Darby Creek Metro Park.

Other popular area attractions include the Columbus Zoo and Aquarium, the Columbus Museum of Art, COSI, the German Village, and Short North Arts District. Whether you are looking to learn, shop, dine, or enjoy the city’s nightlife, you will find plenty to fill your weeknights and weekends.

For sports fans, there is something for everyone in Columbus. If you enjoy following college sports, you’re going to love keeping up with the Ohio State Buckeyes. Soccer fans can watch Columbus Crew SC, hockey fans can follow the Columbus Blue Jackets, and baseball fans can root for the Columbus Clippers.

What Our Clients Are Saying

Joshua Yakunich
Joshua Yakunich
18:29 14 Oct 19
James was a pleasure to work with. I truly felt like he was working for me, to help me through the process of buying a home. He also offered excellent tips on how to structure the loan when it came to the down payment and buying points. I’d recommend him to anyone.read more
Marcus Gorman
Marcus Gorman
16:08 14 Oct 19
James and his team were incredibly helpful with our refinance. Always available, always helpful and never put out by change requests this was truly a great experience. We look forward to completing our kitchen remodel. Thanks again James and Liberty!!!read more
Bobbi Jo Cea
Bobbi Jo Cea
13:56 15 Aug 19
it's been a few years since I bought real Estate. I can tell though James and his team at Liberty Capital were amazing during the process. They were able to find the product to get my deal done, a rehab loan is a little different. Their team made my dream home a reality!read more
Bobbi Jo Cea
Bobbi Jo Cea
13:56 15 Aug 19
it's been a few years since I bought real Estate. I can tell though James and his team at Liberty Capital were amazing during the process. They were able to find the product to get my deal done, a rehab loan is a little different. Their team made my dream home a reality!read more
Jeff Musi
Jeff Musi
16:07 14 Aug 19
Used Liberty Capital for a refinance and was pleased with the ease of getting it done. Everything went smoothly and their automated system was very efficient for information transfer. James and his team did an outstanding job! If you are getting a loan or refinance, I strongly suggest that you contact this team.read more
Jared Kenyon
Jared Kenyon
15:21 14 Aug 19
James is the ultimate professional and was able to make a very stressful process very smooth. He has a unique ability to look at all scenarios in a unique way so that you get the best deal possible. I would definitely recommend James McBain to any friends or family who are looking to purchase or refinance a home.read more
Brian Ramey
Brian Ramey
00:36 21 Jun 19
This is the second time we have worked with James getting financing for a home purchase. He has been amazing to work with both times. He is extremely knowledgeable, responds quickly and just someone you know you can trust- which is extremely important when making such a large purchase. I would recommend James to anyone!read more
Marc s
Marc s
16:33 29 May 19
Ken, James and the whole team at liberty loans are the only people I would ever recommend for a home loan or refi! To put it simply, they just know how to get the deal closed!
Stefanie Villasante
Stefanie Villasante
14:30 29 May 19
Liberty Capitol was great to work with. Ken, James, and ESPECIALLY Laura all made the closing process so smooth and easy. If I needed anything they were an email, phone call, or text away. They kept costs low for me, and saved me money on my closing. If I ever buy another house, I wouldn't hesitate to use them again. Great team, nice people!read more
Lani Ciera
Lani Ciera
13:39 22 May 19
My husband and I just closed on our first home yesterday and we couldn't have done it without James and his amazing team at Liberty Capital Services! James actively worked with us throughout the entire process; helped us to improve our credit, didn't pressure us or make us fear for this huge purchase, and made the entire process enjoyable and stress free! He and his team are amazing and truly care about their clients. Thank you Liberty Capital!read more
Ian Mcmahan
Ian Mcmahan
11:17 22 May 19
If you are thinking of buying or refinancing your new home, well look no further! James from Liberty Capital made our first home buying process effortless and stress free. He and his team were absolutely amazing and we were lucky enough to have worked with them!read more
Alexandra Tran
Alexandra Tran
20:00 22 Apr 19
I had a great experience with Liberty Capital. They made the process extremely easy and I was able to close sooner than expected. They really made the process seamless and I recommend them to anyone looking to buy a home!read more
Robert Moore
Robert Moore
19:42 22 Apr 19
I strongly recommend Liberty Capital. They were straightforward and were extremely FAST and HELPFUL with the entire process. I highly recommend Liberty Capital they were consummate professionals during the mortgage process.read more
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Move Into Your Columbus Home Now

If you are excited to call Columbus your home, please call (614) 505-0620 to schedule your consultation. Liberty Capital Services can also help you purchase or refinance a home anywhere in Ohio, as well as in California and Florida. We look forward to connecting you with the ideal mortgage for your needs.

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