Lake Darby 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.
IndexLake DarbyOhioNational
Cost of living index9591100
IndexLake DarbyOhioNational
Goods & Services index9999100
Groceries index94101100
Health care index9595100
Housing index9375100
Transportation index96101100
Utilities index8791100
A general summary of the cost of living index in Lake Darby, OH is shown above. Compared to the state average of Ohio the cost of living index in Lake Darby, 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 Lake Darby, OH goods and services come in at 1% lower than the average in Ohio and are 2% lower than compared to the nationwide average.

Did you know?

  • The cost of living in Lake Darby is 4% higher than the Ohio average.
  • The cost of living in Lake Darby is 5% lower than the national average.
  • The cost of housing in Lake Darby is 7% 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 Lake Darby, OH Cost of living To Other Cities

Salary Calculator

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Use the salary calculator to compare your current income in Lake Darby, 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 Lake Darby, OH, then you would need to earn a higher salary in order to enjoy the same standard of living. To use the Lake Darby, 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$86,333$7,194$2,014$2,590
Renters$42,333$3,528$988$1,270
One can approximate the cost of living and the housing affordability in Lake Darby, 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 Lake Darby, OH have a median income of $86,333. Therefore, the amount that a consumer should spend on housing costs should be no more than $2,014 per month to avoid calamity and poverty. The renters in the city have an income of about $42,333, which would make their monthly maximum allowable rental costs $988.

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 Lake Darby, 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

ItemLake DarbyNational avg.Difference
Haircut $12.12$15.5622.2%
Beauty Salon $32.80$36.119.2%
Toothpaste $1.93$2.4721.8%
Shampoo $0.80$0.9617.1%
Movie $9.59$10.135.3%
Bowling $4.18$4.7411.7%

Groceries

ItemLake DarbyNational avg.Difference
Ground Beef $3.81$3.984.3%
Fried Chicken $1.28$1.419.0%
Milk $1.73$2.0616.2%
Potatoes $2.68$2.9810.2%
Pizza $8.99$9.475.1%
Beer $8.16$8.797.2%

Health Care

ItemLake DarbyNational avg.Difference
Optometrist $54.39$101.0446.2%
Doctor $96.85$107.449.9%
Dentist $92.19$90.422.0%
Ibuprofen $8.22$9.2811.5%
Lipitor $431.97$426.501.3%

Housing

ItemLake DarbyNational avg.Difference
Home Price $137,900.00$175,700.0021.5%
Avg. Mortgage Payment $782.25$1,133.2331.0%
Apartment Rent $1,157.00$920.0025.8%

Transportation

ItemLake DarbyNational avg.Difference
Gasoline $1.97$1.991.0%
Tire Balancing $41.58$45.769.1%

Utilities

ItemLake DarbyNational avg.Difference
All Electricity$128.45$163.8121.6%
Phone $27.99$28.391.4%
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.
Derby, OH42881-19%
Urbancrest, OH1,02481-19%
Plumwood, OH22884-16%
Lincoln Village, OH8,99485-15%
Unionville Center, OH26686-14%
Lake Darby, OH4,63995-5%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Sunbury, OH4,63996-4%
Oak Hill, TN4,63914141%
Crestwood, KY4,64099-1%
Sullivan, IL4,63781-19%
Headland, AL4,63785-15%
Lake Darby, OH4,63995-5%
Source: The Lake Darby, OH cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2016.