Carey 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.
IndexCareyOhioNational
Cost of living index8891100
IndexCareyOhioNational
Goods & Services index10899100
Groceries index97101100
Health care index9695100
Housing index5875100
Transportation index96101100
Utilities index8591100
Displayed above is a general overview of the Carey, OH cost of living index. The overall cost of living index in Carey, OH is 88, which is 4% lower than the Ohio average and 12% 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 Carey, OH are 9% higher than the Ohio average and 8% higher than the national average.

Did you know?

  • The cost of living in Carey is 4% lower than the Ohio average.
  • The cost of living in Carey is 12% lower than the national average.
  • The cost of housing in Carey is 42% 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 Carey, OH Cost of living To Other Cities

Salary Calculator

This is how much you would need to earn in
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Cost of living index
Goods & Services index
Groceries index
Health care index
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The salary calculator is used in order to provide a comparison of your current salary in Carey, OH to another city of your choice. The calculator will inform you of what your salary needs to be in any specific city in order for you to maintain your living standard based on what the city’s cost of living is. As an example, if you are seeking to move to a city that has a higher cost of living compared to Carey, OH, you would have to earn a higher income to maintain a standard of living that is similar. To get started with the Carey, OH salary calculator, input the new city’s name and then move the slider to indicate your current income. The salary calculator will now process the numbers and show you whether you need to earn more or less in the chosen city. A comprehensive breakdown of the cost of living will also be shown.

Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$49,545$4,129$1,156$1,486
Renters$29,750$2,479$694$893
How much of your monthly income goes to housing can tell you whether or not you can afford housing in Carey, 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 Carey, OH homeowners have a median income of $49,545. Using that number, you will come up with a maximum of $1,156 per month that can be spent on the cost of housing. For those who are renting instead of owning, the median income is $29,750, which means there is a maximum of $694 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 Carey, 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

ItemCareyNational avg.Difference
Haircut $15.20$15.562.4%
Beauty Salon $32.00$36.1111.4%
Toothpaste $2.55$2.473.1%
Shampoo $0.99$0.962.2%
Movie $10.00$10.131.3%
Bowling $5.16$4.748.9%

Groceries

ItemCareyNational avg.Difference
Ground Beef $4.24$3.986.4%
Fried Chicken $1.29$1.418.6%
Milk $1.41$2.0631.5%
Potatoes $2.93$2.981.7%
Pizza $11.33$9.4719.6%
Beer $8.12$8.797.7%

Health Care

ItemCareyNational avg.Difference
Optometrist $96.39$101.044.6%
Doctor $97.50$107.449.3%
Dentist $86.92$90.423.9%
Ibuprofen $8.95$9.283.5%
Lipitor $441.80$426.503.6%

Housing

ItemCareyNational avg.Difference
Home Price $98,500.00$175,700.0043.9%
Avg. Mortgage Payment $1,006.55$1,133.2311.2%
Apartment Rent $578.00$920.0037.2%

Transportation

ItemCareyNational avg.Difference
Gasoline $2.00$1.990.1%
Tire Balancing $39.84$45.7612.9%

Utilities

ItemCareyNational avg.Difference
All Electricity$132.82$163.8118.9%
Phone $25.90$28.398.8%
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.
Kirby, OH10682-18%
Patterson, OH14882-18%
Fostoria, OH13,00384-16%
Dunkirk, OH1,05485-15%
Wharton, OH46585-15%
Carey, OH3,58788-12%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Wyldwood, TX3,58795-5%
Marion, AL3,58785-15%
Longview Heights, WA3,58811010%
Imlay City, MI3,58890-10%
Thorndale, PA3,58611414%
Carey, OH3,58788-12%
Source: The Carey, OH cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2016.