Rent is lower than in 77% of U.S. cities. A typical house costs about 3.3 years of household income.
How much money do I need?
To rent here comfortably, you should earn about $47,120 a year. That is $23 an hour at a full-time job.
Is rent cheaper than other Ohio cities?
Yes. Rent here is cheaper than in most of Ohio. It is number 110 of 288 cities from cheapest to most expensive.
How much do households earn in Groesbeck?
Share of households by yearly income. 20.0% of households earn $100,000 or more.
Rent by apartment size in Groesbeck
| Size | Groesbeck | U.S. average |
|---|---|---|
| 1 bedroom | $1,053 | $1,324 |
| 2 bedrooms | $1,229 | $1,509 |
| 3 bedrooms | $1,765 | $1,698 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is Groesbeck overall?
Everyday prices in Ohio overall are 7% below the U.S. average (index 92.8, U.S. = 100).
Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Groesbeck, so the Ohio figure is shown.
Taxes and bills in Groesbeck
Life in Groesbeck
Is it cheaper to rent or buy in Groesbeck?
Renting is cheaper right now: about $364 a month less.
Owning assumes a typical $222,300 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $22,230 for the down payment.
Frequently asked questions
What is the average rent in Groesbeck, OH?
Renting in Groesbeck costs a median of about $1,178 a month in 2026, including utilities. The Ohio median is $1,261.
How much do I need to make to live in Groesbeck?
To keep rent under 30% of income, you need about $47,120 a year, or $23 an hour at a full-time job.
Is Groesbeck cheap or expensive?
Groesbeck is rated OK: rent takes 21.1% of the typical household income of $66,850. It ranks 110th cheapest of 288 Ohio cities we track.
How much are property taxes in Groesbeck?
The median homeowner in Groesbeck pays $3,051 a year in property taxes, about 1.37% of the median home value.
Is Groesbeck more expensive than the national average?
Overall prices in Ohio are 7% below the U.S. average, according to the U.S. Bureau of Economic Analysis.
How much does a house cost in Groesbeck?
The median home value in Groesbeck is $222,300, about 3.3 times the typical yearly household income.
7,824 people live in Groesbeck. Numbers are typical (middle) values.