A
4%
Overall NAT. AVG.
2%
Goods & Services NAT. AVG.
18%
Housing NAT. AVG.
Search Homes for Sale
Date & Last Updated: This data reflects 2023 and was released from C2ER in January, 2024; this is the most current data available.
The cost of living index is based on a national average of 100. For example, if the cost of living is 90, then it is 10% lower than average. If the cost of living is 110, then it is 10% higher than average. The breakdown for each index is as follows: goods & services (33%), groceries (13%), health care (5%), housing (30%), transportation (9%) and utilities (10%). If the cost of living data was unavailable for this city, estimates based upon nearby cities were used.
Index Amelia Ohio National
Cost of living9692100
Goods & Services102100100
Groceries102101100
Health care10398100
Housing8273100
Transportation102100100
Utilities10099100

An Overview of Cost of Living in Amelia, OH

Knowing the cost of living in Amelia allows individuals to create a realistic budget. This helps them understand how their income will cover expenses and whether they need to make financial adjustments. The cost of living in any region can fluctuate due to various factors. To assess the cost of living consistently across different areas, a national average of 100 serves as the basis for the cost of living index. The cost of living in Amelia stands at 96, marking it 4% lower than the national average.

In Amelia, daily expenses such as food, housing, goods and services, transportation and health care are in line with comparable areas and about average when compared to all cities across the nation. This ensures that the cost of living in Amelia will resemble that of an average city, contributing to a manageable cost of living.

Is Amelia Affordable?

Is Amelia an affordable place to live? It's a good question and one that you might want to ask when considering any new city, as affordability can play a huge role in the decision making process. The cost of living index (which we covered above), as well as housing costs and income levels play a vital role in determining the affordability of an area. The median home price in Amelia is 14.2% lower than the national average, while the average monthly rent prices are 26.8% lower than average. The affordability of any location can also be influenced by median income levels. Amelia has a median household income of $59,065, which is 6.8% higher than the national average.

What Factors can Influence the Cost of Living in Amelia?

Transportation: In situations where public transportation is limited or nonexistent, local residents may be required to own and maintain their own vehicles, contributing to an elevated cost of living. Monthly expenditures may encompass fuel costs, insurance premiums, routine vehicle upkeep and possibly lease or financing payments. In Amelia, the transportation index is 2.4% higher than the national average.

Groceries: The costs associated with groceries have witnessed substantial increases over the past 2-3 years. In select markets, food prices have escalated by more than 20% during this timeframe, whereas others have seen more restrained upticks. The variances in food expenses can exert a considerable influence on the overall cost of living in a given locale. In Amelia, the groceries index is 2.4% higher than the national average.

Taxes: Areas with higher taxes, including sales taxes and income taxes, can contribute to a higher cost of living. Paying more tax for everyday goods and services like clothing and food will result in higher costs, as will paying a higher rate of income tax. The general sales tax rate in Amelia starts at 5.75% and the income tax rates start at 0%.

Where is the Data From?

The Amelia cost of living data displayed above is derived from the C2ER cost of living index to provide a useful and reasonably accurate measure of living cost differences in urban areas. Published on a quarterly basis, it compiles data from more than 300 independent researchers, encompassing over 60 goods and services. These items have been meticulously selected to represent various consumer expenditure categories, in 6 categories. Weightings assigned to cost differentials draw from government survey data tracking spending patterns among professional and executive households. While the C2ER index excludes data on sales or income tax rates, AreaVibes incorporates tax rates into the overall cost of living score for each region.

New Real Estate Listings in Amelia Area
Search Homes for Sale in Amelia, OH

Cost Of Living Quick Facts

  • The cost of living in Amelia is 4% higher than the Ohio average
  • The cost of living in Amelia is 4% lower than the national average
  • Amelia housing is 18% lower than the national average
  • Ohio general sales tax is 13% higher than the national average
  • Ohio state income tax is 100% lower than the national average

Most Affordable Places to Live in and Around Amelia

See all the best places to live around Amelia

Compare Amelia, OH Cost of Living

      vs
      How would you rate the cost of living in Amelia?
      Write a review to give others more information about this area.
      Is the cost of living increasing or decreasing in Amelia?
      Write a review to give others more information about this area.
      See all Amelia poll results

      Salary Calculator

      This is how much you would need to earn in
      Price difference in compared to
      Cost of living index
      Goods & Services index
      Groceries index
      Health care index
      Housing index
      Transportation index
      Utilities index

      Median Income & Debt-To-Income Ratio

      Median Income Per Year Per Month Max Budget (28% DTI) Max Budget (36% DTI)
      Owners$79,891$6,658$1,864$2,397
      Renters$40,170$3,348$937$1,205
      The affordability of the housing market in Amelia, OH as well as the overall cost of living can be predicted by what percent of the monthly income is spent on housing related costs. This is konwn as the debt-to-income ratio (DTI). The overall rule of thumb is that no more than 28% of your gross income should be spent on the overall costs related to housing and no more than 36% of gross income on all expenses and debts. Among Amelia homeowners, the median income is $79,891. This indicates that a monthly maximum of $1,864 should be spent by homeowners on all housing related costs. Renters have a median income of $40,170. This indicates that renters would have a maximum of $937 for their rent related monthly costs.

      Ohio Sales Tax

      State General Sales Tax With Max Surtax
      Ohio 5.75% 8%

      Ohio Income Tax

      State Income Tax (Low) Income Tax (High)
      Ohio 0% 3.99%

      Goods & Services

      Item Amelia National avg. Difference
      Haircut $25.13$24.263.6%
      Beauty Salon $37.93$45.5616.7%
      Toothpaste $3.60$3.702.7%
      Shampoo $1.27$1.280.6%
      Movie $14.35$12.1318.3%
      Bowling $17.56$18.002.5%

      Groceries

      Item Amelia National avg. Difference
      Ground Beef $5.91$5.841.2%
      Fried Chicken $1.72$1.579.1%
      Milk $4.80$4.672.7%
      Potatoes $5.05$4.932.3%
      Pizza $11.92$12.091.4%
      Beer $10.63$10.412.1%

      Health Care

      Item Amelia National avg. Difference
      Optometrist $105.42$125.6816.1%
      Doctor $159.40$135.7817.4%
      Dentist $106.67$113.295.8%
      Ibuprofen $10.68$10.650.3%
      Lipitor $497.02$468.606.1%

      Housing

      Item Amelia National avg. Difference
      Home Price $158,500.00$184,700.0014.2%
      Avg. Mortgage Payment $1,993.26$2,346.6915.1%
      Apartment Rent $695.00$949.0026.8%

      Transportation

      Item Amelia National avg. Difference
      Gasoline $3.27$3.465.6%
      Tire Balancing $73.09$59.9222.0%

      Utilities

      Item Amelia National avg. Difference
      All Electricity $197.10$193.991.6%
      Phone $186.48$192.253.0%
      Although the cost of living data is updated regularly, this cost of living information is to be used as estimates only as prices can change on an ongoing basis.

      Nearby cities with low cost of living

      City Population Cost of Living Index National Avg.
      Plainville, OH1531021.7%
      Dillonvale village, OH6458316.6%
      Elmwood Place, OH2,0718416.4%
      Moscow, OH948515.4%
      Arlington Heights, OH8278514.7%
      Amelia, OH10,308964.2%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      Fairview Shores, FL10,3101032.6%
      Fredonia, NY10,311909.7%
      Greencastle, IN10,312937.4%
      Cottage Grove, OR10,3021054.7%
      Melvindale, MI10,3008712.7%
      Amelia, OH10,308964.2%
      Date & Last Updated: This data reflects 2023 and was released from C2ER in January, 2024; this is the most current data available.