Rent is lower than in 83% of U.S. cities. A typical house costs under 3 years of household income, which is easy by U.S. standards.
How much money do I need?
To rent here comfortably, you should earn about $43,160 a year. That is $21 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 82 of 288 cities from cheapest to most expensive.
How much do households earn in Springfield?
Share of households by yearly income. 10.2% of households earn $100,000 or more.
Rent by apartment size in Springfield
| Size | Springfield | U.S. average |
|---|---|---|
| Studio | $729 | $1,338 |
| 1 bedroom | $696 | $1,324 |
| 2 bedrooms | $990 | $1,509 |
| 3 bedrooms | $1,137 | $1,698 |
| 4 bedrooms | $1,280 | $2,098 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is Springfield overall?
Everyday prices in the Springfield metro area are 10% below the U.S. average (index 90.5, U.S. = 100).
Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024.
Taxes and bills in Springfield
Life in Springfield
What jobs pay in Springfield
| Job | Median pay | Rent / pay |
|---|---|---|
| Pharmacist | $132,880 | 9.7% |
| Nurse Practitioner | $124,440 | 10.4% |
| Software Developer | $118,150 | 11.0% |
| Physician Assistant | $117,830 | 11.0% |
| Lawyer | $94,470 | 13.7% |
| Computer Systems Analyst | $82,730 | 15.7% |
| Dental Hygienist | $80,600 | 16.1% |
| Registered Nurse | $80,060 | 16.2% |
| Operations Manager | $79,490 | 16.3% |
| Elementary School Teacher | $77,320 | 16.7% |
| Accountant | $71,420 | 18.1% |
| Police Officer | $63,120 | 20.5% |
| HVAC Technician | $62,670 | 20.7% |
| Licensed Practical Nurse | $61,350 | 21.1% |
| Market Research Analyst | $61,210 | 21.2% |
| Truck Driver | $58,810 | 22.0% |
| Electrician | $58,370 | 22.2% |
| Plumber | $58,060 | 22.3% |
| Carpenter | $48,380 | 26.8% |
| Customer Service Representative | $39,000 | 33.2% |
| Nursing Assistant | $38,020 | 34.1% |
| Medical Assistant | $37,850 | 34.2% |
| Server (Waiter/Waitress) | $36,060 | 35.9% |
| Warehouse Worker | $35,130 | 36.9% |
| Restaurant Cook | $34,490 | 37.5% |
| Retail Salesperson | $32,610 | 39.7% |
| Cashier | $28,150 | 46.0% |
Is it cheaper to rent or buy in Springfield?
Buying is cheaper month to month: about $269 a month less than renting.
Owning assumes a typical $116,800 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $11,680 for the down payment.
Frequently asked questions
What is the average rent in Springfield, OH?
Renting in Springfield costs a median of about $1,079 a month in 2026, including utilities. The Ohio median is $1,261.
How much do I need to make to live in Springfield?
To keep rent under 30% of income, you need about $43,160 a year, or $21 an hour at a full-time job.
Is Springfield cheap or expensive?
Springfield is rated OK: rent takes 25.5% of the typical household income of $50,844. It ranks 82nd cheapest of 288 Ohio cities we track.
How much are property taxes in Springfield?
The median homeowner in Springfield pays $1,423 a year in property taxes, about 1.22% of the median home value.
Is Springfield 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 Springfield?
The median home value in Springfield is $116,800, about 2.3 times the typical yearly household income.
58,190 people live in Springfield. Numbers are typical (middle) values.