Gahanna 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.
IndexGahannaOhioNational
Cost of living index9791100
IndexGahannaOhioNational
Goods & Services index9696100
Groceries index9099100
Health care index9796100
Housing index10675100
Transportation index8395100
Utilities index96101100
An overview of the general cost of living index for Gahanna, OH is displayed above for your reference. Residents in Gahanna, OH enjoy a cost of living index of 97. This index is 7% higher than the Ohio average, and 3% lower than the national average. The following categories are used when determining the cost of living index for any given city: health care (5%), transportation (9%), utilities (10%), groceries (13%), housing (30%), and goods/services (33%). Clearly, housing and goods/services make up the majority of the formula for calculating the cost of living index. Because of this, the general cost of living for any given area can be estimated by looking at the cost of everyday goods in that area. For those living in Gahanna, OH, the average cost of goods and services is equal to it is in Ohio, and it is 4% lower than the national average.

Did you know?

  • The cost of living in Gahanna is 7% higher than the Ohio average.
  • The cost of living in Gahanna is 3% lower than the national average.
  • The cost of housing in Gahanna is 6% 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 Gahanna, OH Cost of living To Other Cities

Salary Calculator

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Use the salary calculator to compare your current salary in Gahanna, 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 Gahanna, OH, then you would need to earn more income in order to maintain the same standard of living. To use the Gahanna, 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$90,581$7,548$2,113$2,718
Renters$43,892$3,658$1,024$1,317
The percent of monthly income spent on housing can be a good indicator of the affordability of housing in Gahanna, 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 Gahanna, OH homeowners, is $90,581. This would allow for a maximum of $2,113 per month to be spent on housing costs. For renters, the median monthly income is $43,892 which would result in a maximum of $1,024 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%
One thing to keep in mind when considering the cost of living in Gahanna, OH is the Ohio sales tax and Ohio income tax rates. Sales taxes are taxes that are collected on most goods or services sold. Sales taxes can vary by state and can be as high as 7% and as low as 0% as not every state imposes a sales tax. The Ohio sales tax rate is 5.75% and the maximum surtax that can be charged is 8%. Income tax is the tax imposed on income by both the federal and state government. The income tax rates varies by individual state and will also be higher or lower depending on the applicable tax bracket. The rates of state income tax can vary from 0% to more than 9%. The Ohio income tax rates range from 0.528% to 5.333%.

Goods & Services

ItemGahannaNational avg.Difference
Haircut $11.20$14.5923.3%
Beauty Salon $33.20$34.684.3%
Toothpaste $1.78$2.4728.0%
Shampoo $0.91$1.0211.0%
Movie $9.31$9.875.7%
Bowling $4.25$4.393.2%

Groceries

ItemGahannaNational avg.Difference
Ground Beef $4.73$4.485.7%
Fried Chicken $1.17$1.4620.1%
Milk $1.88$2.3620.2%
Potatoes $2.37$3.0622.6%
Pizza $9.99$9.248.1%
Beer $7.99$8.637.4%

Health Care

ItemGahannaNational avg.Difference
Optometrist $59.90$99.7840.0%
Doctor $111.67$105.036.3%
Dentist $94.00$88.706.0%
Ibuprofen $7.49$9.4120.4%
Lipitor $267.15$298.5010.5%

Housing

ItemGahannaNational avg.Difference
Home Price $186,800.00$175,700.006.3%
Avg. Mortgage Payment $836.00$1,081.0322.7%
Apartment Rent $981.00$920.006.6%

Transportation

ItemGahannaNational avg.Difference
Gasoline $1.75$2.0916.6%
Tire Balancing $36.75$45.2918.8%

Utilities

ItemGahannaNational avg.Difference
All Electricity$161.00$170.805.7%
Phone $27.99$28.260.9%
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.
Urbancrest, OH1,02480-20%
Whitehall, OH18,38383-17%
Lincoln Village, OH8,99484-16%
Brice, OH15285-15%
Obetz, OH4,52186-14%
Gahanna, OH33,78697-3%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Houma, LA33,80791-9%
Randallstown, MD33,8151077%
Oregon City, OR33,83411919%
Pleasant Hill, CA33,84215959%
Seaside, CA33,72913131%
Gahanna, OH33,78697-3%
Source: The Gahanna, OH cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2015.