Cincinnati 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.
IndexCincinnatiOhioNational
Cost of living index8891100
IndexCincinnatiOhioNational
Goods & Services index9396100
Groceries index9399100
Health care index9596100
Housing index7075100
Transportation index9695100
Utilities index106101100
The above illustration supplies generalized information for the Cincinnati, OH cost of living index. Compared to other cities in Ohio and cities across the country, the cost of living index in Cincinnati, OH is 88, which is 3% lower than the Ohio average and 12% lower than that for the entire country. The index is comprised of the following criteria: cost of retail goods and services (33%), groceries (13%), health care (5%), housing (30%), cost of public/private transportation (9%) and utilities (10%). Everyday goods and services, along with housing account for 63 percent of the total cost of living index. Goods and services that are a necessity regardless of location provide an accurate general sense of the cost of living in one city versus another. As seen above, the cost of retail goods and services in Cincinnati, OH are 3% lower than the average for Ohio and 7% lower than the rest of the country.

Did you know?

  • The cost of living in Cincinnati is 3% lower than the Ohio average.
  • The cost of living in Cincinnati is 12% lower than the national average.
  • The cost of housing in Cincinnati is 30% 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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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 Cincinnati, 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 Cincinnati, OH, you have to earn a higher income in order to still have the same standard of living. To operate the Cincinnati, 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$65,467$5,456$1,527$1,964
Renters$21,197$1,766$495$636
One can approximate the cost of living and the housing affordability in Cincinnati, OH by the percentage of a person’s income that he or she spends on the monthly housing, otherwise known as the debt-to-income ratio (DTI). To stay on the safe side and keep one’s head above the water, a consumer should never spend more than 28 percent of his or her gross income on housing-related expenses and costs and not more than 36 percent of income on all expenses and debts. Homeowners in Cincinnati, OH have a median income of $65,467. Therefore, the amount that a consumer should spend on housing costs should be no more than $1,527 per month to avoid calamity and poverty. The renters in the city have an income of about $21,197, which would make their monthly maximum allowable rental costs $495.

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 Cincinnati, 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

ItemCincinnatiNational avg.Difference
Haircut $12.50$14.5914.3%
Beauty Salon $32.61$34.686.0%
Toothpaste $2.54$2.472.7%
Shampoo $0.88$1.0213.9%
Movie $9.72$9.871.5%
Bowling $4.08$4.397.1%

Groceries

ItemCincinnatiNational avg.Difference
Ground Beef $4.21$4.486.0%
Fried Chicken $1.08$1.4626.2%
Milk $1.63$2.3630.8%
Potatoes $3.00$3.062.0%
Pizza $8.19$9.2411.4%
Beer $8.22$8.634.8%

Health Care

ItemCincinnatiNational avg.Difference
Optometrist $90.90$99.788.9%
Doctor $92.83$105.0311.6%
Dentist $83.38$88.706.0%
Ibuprofen $8.10$9.4113.9%
Lipitor $317.61$298.506.4%

Housing

ItemCincinnatiNational avg.Difference
Home Price $121,900.00$175,700.0030.6%
Avg. Mortgage Payment $812.88$1,081.0324.8%
Apartment Rent $653.00$920.0029.0%

Transportation

ItemCincinnatiNational avg.Difference
Gasoline $2.03$2.093.1%
Tire Balancing $42.99$45.295.1%

Utilities

ItemCincinnatiNational avg.Difference
All Electricity$202.79$170.8018.7%
Phone $24.99$28.2611.6%
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.
Plainville, OH1196-4%
Brecon, OH25669-31%
New Baltimore, OH52378-22%
Elmwood Place, OH1,88780-20%
New Haven, OH81378-22%
Cincinnati, OH297,11788-12%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Stockton, CA297,2231088%
Anchorage, AK298,17813131%
St. Paul, MN291,7281022%
Lexington-Fayette, KY304,47394-6%
Pittsburgh, PA306,04590-10%
Cincinnati, OH297,11788-12%
Source: The Cincinnati, OH cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2015.