Beavercreek 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.
IndexBeavercreekOhioNational
Cost of living index10391100
IndexBeavercreekOhioNational
Goods & Services index10496100
Groceries index10799100
Health care index9196100
Housing index10575100
Transportation index9695100
Utilities index101101100
Here we can see a simple outline of the cost of living in Beavercreek, OH. As you can see, with the average cost of living in Beavercreek, OH being 103, that puts it 14% higher than the average of Ohio and 3% higher than our nation's average. This simple outline of the cost of living index was formulated using prices of: goods and services (weighted 33%), housing prices (weighted 30%), groceries (weighted 13%), utilities (weighted 10%), transportation (weighted 9%), and health care (weighted 5%). Thus, goods/services, along with housing influences the majority of the cost of living index. The price of daily goods and services is a valuable and reliable number to be aware of when considering the general price of the city's goods. In the case of Beavercreek, OH, the price of goods and services are 8% higher than the average of Ohio as well as 4% higher than the nation's average.

Did you know?

  • The cost of living in Beavercreek is 14% higher than the Ohio average.
  • The cost of living in Beavercreek is 3% higher than the national average.
  • The cost of housing in Beavercreek is 5% higher 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 Beavercreek, OH Cost of living To Other Cities

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
Using the salary calculator lets you compare the salary you earn in Beavercreek, OH to what it is in other cities. It will let you know what your earnings would have to be in another city to have the same standard of living, as determined by the cost of living in each city. For example, if the cost of living in the area you want to move to is higher than the cost of living in Beavercreek, OH, you have to earn a higher income in order to still have the same standard of living. To operate the Beavercreek, OH salary calculator, put in the name of the other city, then move the slider to the point that represents the current income. The salary calculator will take care of the rest and tell you how much more or less you must earn in the new city. A Total breakdown of the cost of living is also provided.

Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$91,458$7,622$2,134$2,744
Renters$55,078$4,590$1,285$1,653
How much of your monthly income goes to housing can tell you whether or not you can afford housing in Beavercreek, OH, as well as what the average cost of living is. Generally, a good rule to follow is that the debt-to-income (DTI) level you want to maintain is 28 percent or less of your income on your rent or mortgage payment and not more than 36 percent of income on all expenses and debts. In Beavercreek, OH homeowners have a median income of $91,458. Using that number, you will come up with a maximum of $2,134 per month that can be spent on the cost of housing. For those who are renting instead of owning, the median income is $55,078, which means there is a maximum of $1,285 to be spent on the costs of renting a home or apartment.

Ohio Sales Tax

StateGeneral Sales TaxWith Max Surtax
Ohio5.75%8%

Ohio Income Tax

StateIncome Tax (Low)Income Tax (High)
Ohio0.528%5.333%
The Ohio sales tax and Ohio income tax rates should definitely be considered when determining the overall cost of living in Beavercreek, OH. Sales taxes are taxes that are imposed onto goods and services sold. Sales taxes do vary by state and can range from no tax at all to upwards of 7%. The Ohio sales tax is 5.75% and the maximum surtax is 8%. Income tax is the tax imposed on income by the government. The income tax rates will vary by state and will also increase or decrease depending on the corresponding tax bracket. State income tax rates can range from anywhere from no tax at all to more than 9%. The Ohio income tax rates range from 0.528% to 5.333%.

Goods & Services

ItemBeavercreekNational avg.Difference
Haircut $18.00$14.5923.3%
Beauty Salon $47.40$34.6836.7%
Toothpaste $2.87$2.4716.0%
Shampoo $1.25$1.0222.3%
Movie $11.63$9.8717.9%
Bowling $5.50$4.3925.2%

Groceries

ItemBeavercreekNational avg.Difference
Ground Beef $5.49$4.4822.6%
Fried Chicken $1.91$1.4630.5%
Milk $2.29$2.362.8%
Potatoes $3.39$3.0610.7%
Pizza $8.39$9.249.2%
Beer $7.99$8.637.4%

Health Care

ItemBeavercreekNational avg.Difference
Optometrist $86.35$99.7813.5%
Doctor $78.50$105.0325.3%
Dentist $84.00$88.705.3%
Ibuprofen $9.01$9.414.3%
Lipitor $304.35$298.502.0%

Housing

ItemBeavercreekNational avg.Difference
Home Price $174,200.00$175,700.000.9%
Avg. Mortgage Payment $811.81$1,081.0324.9%
Apartment Rent $1,100.00$920.0019.6%

Transportation

ItemBeavercreekNational avg.Difference
Gasoline $2.02$2.093.3%
Tire Balancing $41.99$45.297.3%

Utilities

ItemBeavercreekNational avg.Difference
All Electricity$144.29$170.8015.5%
Phone $34.95$28.2623.7%
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.
Centerville, OH12781-19%
Drexel, OH1,87284-16%
Highland Holiday, OH40784-16%
Dayton, OH141,77686-14%
Port William, OH29086-14%
Beavercreek, OH45,7381033%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Texas City, TX45,80286-14%
Cleveland Heights, OH45,65796-4%
Palm Springs, CA45,82711818%
Coeur d'Alene, ID45,84893-7%
Jeffersonville, IN45,86991-9%
Beavercreek, OH45,7381033%
Source: The Beavercreek, OH cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2015.