Barnesville cost of living index

In the event that the cost of living data was unavailable for this city, estimates based upon nearby cities were used. Each cost of living index is based on a national average of 100. If the amount is below 100, it is lower than the national average. If the amount is above 100, it is higher than the national average.
IndexBarnesvilleOhioNational
Cost of living index8791100
IndexBarnesvilleOhioNational
Goods & Services index11196100
Groceries index9599100
Health care index9696100
Housing index4875100
Transportation index10795100
Utilities index93101100
Displayed above is a general overview of the Barnesville, OH cost of living index. The overall cost of living index in Barnesville, OH is 87, which is 4% lower than the Ohio average and 13% lower than the national average. The cost of living index is created from the following categories: goods/services (33%), groceries (13%), health care (5%), housing (30%), transportation (9%) and utilities (10%). As you can see, goods/services and housing make up the majority of the overall cost of living index. Everyday goods and services can be a good indicator of the general cost of goods in a given city. In this case, the goods and services in Barnesville, OH are 16% higher than the Ohio average and 11% higher than the national average.

Did you know?

  • The cost of living in Barnesville is 4% lower than the Ohio average.
  • The cost of living in Barnesville is 13% lower than the national average.
  • The cost of housing in Barnesville is 52% lower than the national average.
  • Ohio general sales tax is 13% higher than the national average.
  • Ohio state income tax is 76% lower than the national average.

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Compare Barnesville, OH Cost of living To Other Cities

Salary Calculator

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Use the salary calculator to compare your current income in Barnesville, OH to any other city in the country. The calculator will tell you how much income you would need to make in a particular city to live at the same level based on the cost of living in each city. For example, if the cost of living in the city you are looking to move to is higher than that of Barnesville, OH, then you would need to earn a higher salary in order to enjoy the same standard of living. To use the Barnesville, OH salary calculator, enter the name of the new city, then move the slider to your current salary level. The salary calculator will do the rest and let you know if your salary would need to increase or decrease for the new city. You will also see a complete overview of the cost of living.

Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$52,052$4,338$1,214$1,562
Renters$15,568$1,297$363$467
The affordability of the housing market in Barnesville, OH as well as the overall cost of living can be indicated accurately 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 ever be used on the overall costs related to housing and no more than 36% of gross income on all expenses and debts. Among Barnesville, OH homeowners, the median income is $52,052. This indicates that a monthly maximum of $1,214 should be spent by homeowners on all housing related costs. Renters have a median income of $15,568. This indicates that renters should have a maximum of $363 used for their rent related monthly costs.

Ohio Sales Tax

StateGeneral Sales TaxWith Max Surtax
Ohio5.75%8%

Ohio Income Tax

StateIncome Tax (Low)Income Tax (High)
Ohio0.528%5.333%
When you are determining the total cost of living in Barnesville, OH you will want to make sure you consider both the Ohio sales tax and the Ohio income tax rates. Sales tax come in the form of taxes levied on both services and goods that are sold. The sales tax rates are different state to state and range from zero sales tax to higher than 7%. The sales tax in Ohio is 5.75%, with the highest surtax being 8%. Tax that is on income by the government is income tax. Different states have different income tax rates and these rates can be higher or lower dependent on the corresponding tax bracket. The state income tax rates are different state to state and range from no income tax to more than 9% income tax. The income tax rates in Ohio have a range from 0.528% to 5.333%.

Goods & Services

ItemBarnesvilleNational avg.Difference
Haircut $12.75$14.5912.6%
Beauty Salon $31.18$34.6810.1%
Toothpaste $2.60$2.475.1%
Shampoo $1.20$1.0217.4%
Movie $10.00$9.871.3%
Bowling $3.75$4.3914.6%

Groceries

ItemBarnesvilleNational avg.Difference
Ground Beef $4.03$4.4810.0%
Fried Chicken $1.28$1.4612.6%
Milk $2.29$2.362.8%
Potatoes $3.54$3.0615.6%
Pizza $9.18$9.240.7%
Beer $8.76$8.631.5%

Health Care

ItemBarnesvilleNational avg.Difference
Optometrist $88.75$99.7811.1%
Doctor $108.67$105.033.5%
Dentist $74.67$88.7015.8%
Ibuprofen $8.93$9.415.1%
Lipitor $315.71$298.505.8%

Housing

ItemBarnesvilleNational avg.Difference
Home Price $77,800.00$175,700.0055.7%
Avg. Mortgage Payment $1,224.16$1,081.0313.2%
Apartment Rent $512.00$920.0044.3%

Transportation

ItemBarnesvilleNational avg.Difference
Gasoline $2.47$2.0918.0%
Tire Balancing $34.60$45.2923.6%

Utilities

ItemBarnesvilleNational avg.Difference
All Electricity$139.34$170.8018.4%
Phone $30.99$28.269.7%
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, StatePopulationCost of Living IndexNational Avg.
Holloway, OH25181-19%
Miltonsburg, OH5083-17%
Fairview, OH9683-17%
Belmont, OH47884-16%
Summerfield, OH23586-14%
Barnesville, OH4,11587-13%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
La Joya, TX4,11572-28%
Savannah, TX4,11511414%
Cortez, FL4,1141044%
Verdigris, OK4,11794-6%
Waverly, TN4,11387-13%
Barnesville, OH4,11587-13%
Source: The Barnesville, OH cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2015.