Fostoria was recently ranked the number 10 most affordable place to live in Ohio, according to a study by SmartAsset, a financial calculation firm.
Every year, researchers consider closing costs, real estate taxes, homeowners insurance and mortgage rates over five years among cities with a population of more than 5,000, then see how those figures fit with the communities’ median household income.
This year, Northwest Ohio claimed three of the top 10 slots with Fostoria in the number 10 spot, joining Delphos (#3) and Northwood (#7). Check out the complete SmartAsset study here.
Fostoria is not the only affordable place to live in Seneca County. In 2014, the cost of living in Tiffin was about 20% below the national average, and in 2016 it was listed one of the 20 Most Affordable College Towns.