Clyde 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.
IndexClydeOhioNational
Cost of living index8891100
IndexClydeOhioNational
Goods & Services index10899100
Groceries index97101100
Health care index9695100
Housing index5875100
Transportation index96101100
Utilities index8591100
A general overview of the cost of living index for Clyde, OH is displayed above. In Clyde, OH, the overall cost of living index is 88, which is 4% lower than the Ohio average and 12% lower than the U.S. average. The following categories are used to calculate the overall cost of living index: goods/services (33%), housing (30%), groceries (13%), utilities (10%), transportation (9%) and health care (5%). From the list, it is clear that the categories of goods/services and housing are responsible for the largest portions of the overall cost of living index. As a general rule, everyday goods and services provide an accurate measure of the general cost of goods in any given city. In the case of Clyde, OH, the city's goods and services are 9% higher than the Ohio average and 8% higher than the U.S. average.

Did you know?

  • The cost of living in Clyde is 4% lower than the Ohio average.
  • The cost of living in Clyde is 12% lower than the national average.
  • The cost of housing in Clyde 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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Salary Calculator

This is how much you would need to earn in
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Groceries index
Health care index
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Transportation index
Utilities index
The salary calculator allows you to compare how much your current salary in Clyde, OH would be worth in another city. In other words, the salary calculator will adjust the figure you enter for cost of living so that you can determine how much more or much less you would need to earn while maintaining your current quality of living. If you are considering relocating to a more expensive city than Clyde, OH, the calculator will tell you how much more you need to earn so you can assess job offers more accurately. The Clyde, OH salary calculator is easy to use. All you do is enter the name of another city, then move the slider to your current income. After that, the salary calculator will crunch the numbers for you and give you the information you need about the place you are considering going. Additionally, it will show a detailed breakdown of the cost of living.

Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$56,088$4,674$1,309$1,683
Renters$26,269$2,189$613$788
One can approximate the cost of living and the housing affordability in Clyde, 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 Clyde, OH have a median income of $56,088. Therefore, the amount that a consumer should spend on housing costs should be no more than $1,309 per month to avoid calamity and poverty. The renters in the city have an income of about $26,269, which would make their monthly maximum allowable rental costs $613.

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 assessing the complete cost of living in Clyde, OH, the Ohio income tax and the Ohio sales tax percentages should unquestionably be taken into consideration. Sales taxes aren't just levies imposed onto sold goods, but they also include taxes that are charged when services are provided for a fee. The rates are different from state to state and can run has high as 7 percent. Some states have no sales tax at all. The Ohio maximum surtax is 8%, and the Ohio sales tax is 5.75%. By contrast, income tax is an unfortunate obligation that is charged by the government against earnings. Just like sales taxes, the rates for income taxes differ from state to state. They also decrease or increase according to the individual's tax bracket. Tax rates can run as high as 9 percent, with a minimum of zero. Income tax rates range from 0.528% to 5.333% in Ohio.

Goods & Services

ItemClydeNational 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

ItemClydeNational 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

ItemClydeNational 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

ItemClydeNational avg.Difference
Home Price $95,200.00$175,700.0045.8%
Avg. Mortgage Payment $1,006.55$1,133.2311.2%
Apartment Rent $616.00$920.0033.0%

Transportation

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

Utilities

ItemClydeNational 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.
Wightmans Grove, OH101000%
Flat Rock, OH5092-8%
Crystal Rock, OH10992-8%
Hessville, OH22582-18%
Fort Seneca, OH31683-17%
Clyde, OH6,35088-12%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Brookings, OR6,35011111%
Lago Vista, TX6,3491011%
Brookville, OH6,35193-7%
Lynchburg, Moore County, TN6,34894-6%
Hurricane, WV6,35291-9%
Clyde, OH6,35088-12%
Source: The Clyde, OH cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2016.