salaryRent is lower than in 78% of U.S. cities. A typical house costs under 3 years of household income, which is easy by U.S. standards. Commutes are short, about 17.1 minutes.
How much money do I need?
To rent here comfortably, you should earn about $46,880 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 106 of 288 cities from cheapest to most expensive.
How much do households earn in Lima?
Share of households by yearly income. 6.6% of households earn $100,000 or more.
Rent by apartment size in Lima
| Size | Lima | U.S. average |
|---|---|---|
| Studio | $706 | $1,338 |
| 1 bedroom | $690 | $1,324 |
| 2 bedrooms | $1,040 | $1,509 |
| 3 bedrooms | $1,122 | $1,698 |
| 4 bedrooms | $1,214 | $2,098 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is Lima overall?
Everyday prices in the Lima metro area are 10% below the U.S. average (index 89.7, U.S. = 100).
Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024.
Taxes and bills in Lima
Life in Lima
What jobs pay in Lima
| Job | Median pay | Rent / pay |
|---|---|---|
| Pharmacist | $137,460 | 10.2% |
| Physician Assistant | $125,100 | 11.2% |
| Nurse Practitioner | $120,350 | 11.7% |
| Software Developer | $114,600 | 12.3% |
| Civil Engineer | $98,990 | 14.2% |
| Computer Systems Analyst | $87,920 | 16.0% |
| Lawyer | $83,260 | 16.9% |
| Registered Nurse | $81,440 | 17.3% |
| Operations Manager | $80,720 | 17.4% |
| Dental Hygienist | $78,530 | 17.9% |
| Elementary School Teacher | $75,830 | 18.5% |
| Electrician | $75,600 | 18.6% |
| Accountant | $72,980 | 19.3% |
| Police Officer | $62,170 | 22.6% |
| Licensed Practical Nurse | $62,080 | 22.7% |
| Market Research Analyst | $61,560 | 22.8% |
| Plumber | $61,160 | 23.0% |
| HVAC Technician | $60,950 | 23.1% |
| Firefighter | $60,020 | 23.4% |
| Truck Driver | $58,140 | 24.2% |
| Carpenter | $53,800 | 26.1% |
| Medical Assistant | $43,530 | 32.3% |
| Customer Service Representative | $42,340 | 33.2% |
| Nursing Assistant | $37,360 | 37.6% |
| Warehouse Worker | $37,050 | 38.0% |
| Server (Waiter/Waitress) | $36,720 | 38.3% |
| Restaurant Cook | $34,200 | 41.1% |
| Retail Salesperson | $28,900 | 48.7% |
| Cashier | $28,230 | 49.8% |
Is it cheaper to rent or buy in Lima?
Buying is cheaper month to month: about $428 a month less than renting.
Owning assumes a typical $107,200 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $10,720 for the down payment.
Frequently asked questions
What is the average rent in Lima, OH?
Renting in Lima costs a median of about $1,172 a month in 2026, including utilities. The Ohio median is $1,261.
How much do I need to make to live in Lima?
To keep rent under 30% of income, you need about $46,880 a year, or $23 an hour at a full-time job.
Is Lima cheap or expensive?
Lima is rated OK: rent takes 28.2% of the typical household income of $49,870. It ranks 106th cheapest of 288 Ohio cities we track.
How much are property taxes in Lima?
The median homeowner in Lima pays $1,165 a year in property taxes, about 1.09% of the median home value.
Is Lima more expensive than the national average?
Overall prices in the metro area are 10% below the U.S. average, according to the U.S. Bureau of Economic Analysis.
How much does a house cost in Lima?
The median home value in Lima is $107,200, about 2.1 times the typical yearly household income.
35,010 people live in Lima. Numbers are typical (middle) values.