Hudson 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.
IndexHudsonOhioNational
Cost of living index12491100
IndexHudsonOhioNational
Goods & Services index9196100
Groceries index11499100
Health care index9096100
Housing index18275100
Transportation index10595100
Utilities index102101100
A general summary of the cost of living index in Hudson, OH is shown above. Compared to the state average of Ohio the cost of living index in Hudson, OH is 124, which is 37% higher than the average in Ohio and compared to the national average it is 24% higher 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 Hudson, OH goods and services come in at 5% lower than the average in Ohio and are 9% lower than compared to the nationwide average.

Did you know?

  • The cost of living in Hudson is 37% higher than the Ohio average.
  • The cost of living in Hudson is 24% higher than the national average.
  • The cost of housing in Hudson is 82% 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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Salary Calculator

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Groceries index
Health care index
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Use the salary calculator to compare your current income in Hudson, OH to any other city in the country. The calculator will tell you how much income you would need to make in a particular city to live at the same level based on the cost of living in each city. For example, if the cost of living in the city you are looking to move to is higher than that of Hudson, OH, then you would need to earn a higher salary in order to enjoy the same standard of living. To use the Hudson, OH salary calculator, enter the name of the new city, then move the slider to your current salary level. The salary calculator will do the rest and let you know if your salary would need to increase or decrease for the new city. You will also see a complete overview of the cost of living.

Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$132,171$11,014$3,084$3,966
Renters$56,688$4,724$1,323$1,701
A good way to judge both the affordability of the housing and the cost of living is by simply calculating the maximum that a person should spend on housing in Hudson, OH, otherwise known as the debt-to-income ratio (DTI). The safest way to live in the city is to avoid spending more than 28 percent of the gross income that one earns on costs that pertain to housing and no more than 36 percent on all expenses and debts. Hudson, OH has a median income of about $132,171 for people who own homes. Based on that number, a person should spend a maximum of $3,084 on expenses related to housing. Renters have a slightly different median income, which is $56,688. Based on this average, renters should spend no more than $1,323 on all of their rental costs if they want to maintain a non-impoverished standard of living.

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 considering the overall cost of living expenses in Hudson, OH, it's important to take into account the sales tax for Ohio, as well as the rate for income tax in Ohio. Goods and services sold to consumers in any state have some form of sales tax. Each state has its own tax code, which means that sales tax rates vary from state to state, ranging from over 7% in some states to as low as 0% in others. The maximum surtax for Ohio is 8%, and the sales tax in the state of Ohio is 5.75%. Alternatively, the tax imposed on your income by the state government is known as income tax. The rate for this tax also varies from state to state, and your rate is affected by your tax bracket, which is determined by your level of income. Income tax rates might be as high as 9%, down to as low as 0%. The range for income tax rates in Ohio starts from 0.528% and goes up to 5.333%.

Goods & Services

ItemHudsonNational avg.Difference
Haircut $15.00$14.592.8%
Beauty Salon $31.80$34.688.3%
Toothpaste $2.87$2.4716.0%
Shampoo $1.05$1.022.7%
Movie $9.14$9.877.4%
Bowling $3.56$4.3918.9%

Groceries

ItemHudsonNational avg.Difference
Ground Beef $4.07$4.489.1%
Fried Chicken $1.87$1.4627.7%
Milk $2.73$2.3615.8%
Potatoes $3.79$3.0623.8%
Pizza $8.99$9.242.7%
Beer $7.99$8.637.4%

Health Care

ItemHudsonNational avg.Difference
Optometrist $77.20$99.7822.6%
Doctor $85.40$105.0318.7%
Dentist $73.80$88.7016.8%
Ibuprofen $9.43$9.410.2%
Lipitor $332.25$298.5011.3%

Housing

ItemHudsonNational avg.Difference
Home Price $294,000.00$175,700.0067.3%
Avg. Mortgage Payment $1,362.45$1,081.0326.0%
Apartment Rent $2,001.00$920.00117.5%

Transportation

ItemHudsonNational avg.Difference
Gasoline $2.07$2.091.2%
Tire Balancing $55.99$45.2923.6%

Utilities

ItemHudsonNational avg.Difference
All Electricity$176.87$170.803.6%
Phone $28.01$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.
Sawyerwood, OH1,21583-17%
Highland Hills, OH99987-13%
Newburgh Heights, OH2,00089-11%
Twinsburg Heights, OH93985-15%
Atwater, OH67786-14%
Hudson, OH22,35112424%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Hastings, MN22,3551022%
Candler-McAfee, GA22,34591-9%
Willoughby, OH22,36198-2%
Hopewell, VA22,37593-7%
Massapequa, NY22,32316060%
Hudson, OH22,35112424%
Source: The Hudson, OH cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2015.