Eastlake 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.
IndexEastlakeOhioNational
Cost of living index9591100
IndexEastlakeOhioNational
Goods & Services index10596100
Groceries index10799100
Health care index11496100
Housing index7375100
Transportation index9795100
Utilities index100101100
A general summary of the cost of living index in Eastlake, OH is shown above. Compared to the state average of Ohio the cost of living index in Eastlake, OH is 95, which is 4% higher than the average in Ohio and compared to the national average it is 5% lower than. The cost of living index is made up of several categories. These are transportation at 9%, utilities at 10%, goods and services at 33%, housing at 30%, groceries at 13%, and health care at 5%. The bulk of the cost of living index comes from the categories of goods and services and housing. If you look at everyday goods and services they can be a good indicator in a certain city of the general costs of goods there. In Eastlake, OH goods and services come in at 9% higher than the average in Ohio and are 5% higher than compared to the nationwide average.

Did you know?

  • The cost of living in Eastlake is 4% higher than the Ohio average.
  • The cost of living in Eastlake is 5% lower than the national average.
  • The cost of housing in Eastlake is 27% 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 Eastlake, OH Cost of living To Other Cities

Salary Calculator

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Use the salary calculator to compare your current salary in Eastlake, OH to any other city. The salary calculator will tell you how much you would need to earn in any given city to maintain the same standard of living based on the cost of living in each city. For example, if the cost of living in the city you are looking to relocate to is higher than the cost of living in Eastlake, OH, then you would need to earn more income in order to maintain the same standard of living. To use the Eastlake, OH salary calculator, simply enter in the name of the new city, then adjust the slider to your current income. The salary calculator will do the rest and let you know if you need to earn more or less in the new city. You will also see a complete breakdown of the cost of living.

Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$55,528$4,627$1,296$1,666
Renters$33,422$2,785$780$1,003
The percent of monthly income spent on housing can be a good indicator of the affordability of housing in Eastlake, OH as well as the overall cost of living. As a general rule of thumb, the debt-to-income ratio (DTI) for homeowners or renters should be not more than 28 percent of gross income to be spent on housing related costs and not more than 36 percent of income on all expenses, including debts. The median income for Eastlake, OH homeowners, is $55,528. This would allow for a maximum of $1,296 per month to be spent on housing costs. For renters, the median monthly income is $33,422 which would result in a maximum of $780 to be spent on rental 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%
The Ohio sales tax and Ohio income tax rates should definitely be considered when determining the overall cost of living in Eastlake, 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

ItemEastlakeNational avg.Difference
Haircut $17.45$14.5919.6%
Beauty Salon $41.75$34.6820.4%
Toothpaste $2.64$2.476.7%
Shampoo $1.03$1.020.8%
Movie $10.15$9.872.9%
Bowling $4.29$4.392.3%

Groceries

ItemEastlakeNational avg.Difference
Ground Beef $4.86$4.488.6%
Fried Chicken $1.54$1.465.2%
Milk $2.69$2.3614.1%
Potatoes $2.79$3.068.9%
Pizza $11.00$9.2419.0%
Beer $7.99$8.637.4%

Health Care

ItemEastlakeNational avg.Difference
Optometrist $84.74$99.7815.1%
Doctor $115.50$105.0310.0%
Dentist $115.00$88.7029.6%
Ibuprofen $11.07$9.4117.6%
Lipitor $302.96$298.501.5%

Housing

ItemEastlakeNational avg.Difference
Home Price $120,000.00$175,700.0031.7%
Avg. Mortgage Payment $1,001.84$1,081.037.3%
Apartment Rent $765.00$920.0016.8%

Transportation

ItemEastlakeNational avg.Difference
Gasoline $1.99$2.094.9%
Tire Balancing $45.52$45.290.5%

Utilities

ItemEastlakeNational avg.Difference
All Electricity$165.58$170.803.1%
Phone $29.58$28.264.7%
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.
East Cleveland, OH17,61986-14%
Highland Hills, OH99987-13%
Cleveland, OH392,11488-12%
Newburgh Heights, OH2,00089-11%
Kinsman Center, OH52290-10%
Eastlake, OH18,44895-5%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Ellensburg, WA18,45597-3%
Bensenville, IL18,4571099%
Iselin, NJ18,45712727%
Steubenville, OH18,43788-12%
Natchitoches, LA18,46095-5%
Eastlake, OH18,44895-5%
Source: The Eastlake, OH cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2015.