Introduction:

The cost of living in Powell varies based on the cost in question. Many costs here are close to or below the national average. However, some costs can be significantly more than the national average. In this post, I will break down some of the most important costs to know about here in the city of Powell. 

 

 

Cost of Living in Powell I: Cost of Healthcare

Health care costs in Columbus are about 10% less than the national average. Even more, we have three major hospital systems here in the US: The Ohio State University System, The Mount Carmel system, and Ohio Health. All three of these systems include wonderful care centers with top notch services.

Cost of Living in Powell II: Utilities Cost

The cost of utilities in Columbus is within 1-2% of the rest of the country. We experience all 4 seasons here in Columbus. Most of the heating in Columbus is natural gas, and the cooling is electric. It’s not uncommon to spend substantial amounts on gas during the winter and similar amounts on electric during the summer. Water and sewage tends to be around the national average.

Cost of Living in Powell III: Cost of Food

The cost of food is around the national average. We have all the big retailers like Walmart, Target, and Kroger. We also have some of the smaller retailers like Aldi, in addition to regional stores and mom & pop operations.

 

 

Cost of Living in Powell IV: Cost of Transportation

Most people in Powell will find it necessary to have a car, so one should expect to include the costs of a car, car maintenance, and gasoline should be considered if they want to live in Powell.

Cost of Living in Powell V: Cost of Housing

Last but not least, my speciality, real estate. Homes in  Powell are  60% higher than the national average. If you are considering renting, the options are relatively limited in Powell. There are, however, some large apartment complexes on the outskirts of Powell. You should expect to pay between $1,200 and $1,400 per month for an apartment in Powell. This will be a 1 bedroom, or approximately 800 square feet. There are some cheaper buildings with fewer amenities. You may be able to find some of these apartments for around $800+ per month. 

You should also consider the cost of taxes. Home property taxes in Powell can run into the thousands per month.

In Short…

The cost of living in Powell, Ohio varies, but I did my best to break down some of the costs I believe will be the most important to you. I hope you found this blog helpful. If you’re considering moving to Powell, the Olentangy Local School District, or Powell’s neighborhoods, then please reach out. I will be happy to help you in any way that I can. You can also view my team’s current listings here.

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The information contained, and the opinions expressed, in this article are not intended to be construed as investment advice. Van Steyn Partners does not guarantee or warrant the accuracy or completeness of the information or opinions contained herein. Nothing herein should be construed as investment advice. You should always conduct your own research and due diligence and obtain professional advice before making any investment decision. Van Steyn Partners will not be liable for any loss or damage caused by your reliance on the information or opinions contained herein.

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