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College Costs in Lima, OH 2026

Compare tuition, housing, and financial aid across 2 colleges in Lima, Ohio. Use our free calculator to estimate your total cost.

Avg Public Tuition

$11,000

per year

Avg Private Tuition

$34,000

per year

Avg Rent Near Campus

$585

per month

Colleges & Universities

2

institutions

Lima Overview

Population

36,024

Student Population

2,675 (7.4%)

Cost of Living Index

83 (avg: 100)

Walk Score

38/100

Transit Score

19/100

Unemployment Rate

3.6%

College Cost Calculator for Lima

Cost Inputs

Total Cost (4 Years, Public In-State)

$99,500

Total After Financial Aid

$99,500

Annual Cost

$24,875

Annual After Aid

$24,875

Cost Breakdown (4 Years)

Tuition$44,000
Room & Board$55,500

If Financed (10-Year Loan at 6.5%)

Loan Amount$99,500
Monthly Payment$1,130
Total Interest$36,076
Total Loan Cost$135,576

Universities in Lima

UniversityTypeAnnual Tuition
Lima State UniversityPublic$10,305
Lima Community CollegeCommunity$5,018

Lima has 2 total colleges and universities. Tuition figures are approximate annual in-state rates for the 2025-2026 academic year.

Cost of Living in Lima vs. National Average

CategoryLimaNational AvgDifference
Public Tuition (In-State)$11,000$10,940+$60
Monthly Rent Near Campus$585$1,050-$465
Cost of Living Index83100-17

Lima's cost of living is below the national average. This makes it a more affordable city for students compared to many other college towns.

Student Life in Lima

38

Walk Score

Car-Dependent

19

Transit Score

Minimal Transit

7.4%

Student Population

2,675 students

Lima has a total population of 36,024, with approximately 2,675 college students (7.4% of the population). While not primarily a college town, Lima offers students access to urban amenities, diverse employment opportunities, and a wide range of cultural experiences.

Post-Graduation Outlook in Lima

$38,880

Starting Salary

3.6%

Unemployment Rate

58%

Graduation Rate

~26 yrs

ROI Payback Period

Return on Investment Analysis

Graduates from colleges in Lima earn a median starting salary of $38,880, which is $3,880 more per year than the average high school graduate salary of $35,000. At a 4-year public university cost of $99,500 (including room and board), it would take approximately 26 years of the salary premium to recoup the investment. With average financial aid of $11,110 per student per year, the net cost and payback period can be significantly reduced.

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