Macedonia 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.
IndexMacedoniaOhioNational
Cost of living index10391100
IndexMacedoniaOhioNational
Goods & Services index10199100
Groceries index114101100
Health care index10095100
Housing index10575100
Transportation index106101100
Utilities index9291100
A general summary of the cost of living index in Macedonia, OH is shown above. Compared to the state average of Ohio the cost of living index in Macedonia, OH is 103, which is 13% higher than the average in Ohio and compared to the national average it is 3% 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 Macedonia, OH goods and services come in at 2% higher than the average in Ohio and are 1% higher than compared to the nationwide average.

Did you know?

  • The cost of living in Macedonia is 13% higher than the Ohio average.
  • The cost of living in Macedonia is 3% higher than the national average.
  • The cost of housing in Macedonia is 5% 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 Macedonia, OH Cost of living To Other Cities

Salary Calculator

This is how much you would need to earn in
Price difference in compared to
Cost of living index
Goods & Services index
Groceries index
Health care index
Housing index
Transportation index
Utilities index
Using the salary calculator lets you compare the salary you earn in Macedonia, OH to what it is in other cities. It will let you know what your earnings would have to be in another city to have the same standard of living, as determined by the cost of living in each city. For example, if the cost of living in the area you want to move to is higher than the cost of living in Macedonia, OH, you have to earn a higher income in order to still have the same standard of living. To operate the Macedonia, OH salary calculator, put in the name of the other city, then move the slider to the point that represents the current income. The salary calculator will take care of the rest and tell you how much more or less you must earn in the new city. A Total breakdown of the cost of living is also provided.

Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$85,417$7,118$1,993$2,563
Renters$55,523$4,627$1,295$1,666
How much of your monthly income goes to housing can tell you whether or not you can afford housing in Macedonia, OH, as well as what the average cost of living is. Generally, a good rule to follow is that the debt-to-income (DTI) level you want to maintain is 28 percent or less of your income on your rent or mortgage payment and not more than 36 percent of income on all expenses and debts. In Macedonia, OH homeowners have a median income of $85,417. Using that number, you will come up with a maximum of $1,993 per month that can be spent on the cost of housing. For those who are renting instead of owning, the median income is $55,523, which means there is a maximum of $1,295 to be spent on the costs of renting a home or apartment.

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 you are determining the total cost of living in Macedonia, OH you will want to make sure you consider both the Ohio sales tax and the Ohio income tax rates. Sales tax come in the form of taxes levied on both services and goods that are sold. The sales tax rates are different state to state and range from zero sales tax to higher than 7%. The sales tax in Ohio is 5.75%, with the highest surtax being 8%. Tax that is on income by the government is income tax. Different states have different income tax rates and these rates can be higher or lower dependent on the corresponding tax bracket. The state income tax rates are different state to state and range from no income tax to more than 9% income tax. The income tax rates in Ohio have a range from 0.528% to 5.333%.

Goods & Services

ItemMacedoniaNational avg.Difference
Haircut $14.90$15.564.3%
Beauty Salon $34.40$36.114.7%
Toothpaste $2.71$2.479.7%
Shampoo $1.02$0.965.4%
Movie $10.70$10.135.7%
Bowling $4.68$4.741.2%

Groceries

ItemMacedoniaNational avg.Difference
Ground Beef $5.32$3.9833.6%
Fried Chicken $1.70$1.4120.6%
Milk $2.06$2.060.3%
Potatoes $2.69$2.989.7%
Pizza $10.90$9.4715.0%
Beer $7.72$8.7912.2%

Health Care

ItemMacedoniaNational avg.Difference
Optometrist $78.95$101.0421.9%
Doctor $112.80$107.445.0%
Dentist $83.71$90.427.4%
Ibuprofen $9.98$9.287.5%
Lipitor $459.10$426.507.6%

Housing

ItemMacedoniaNational avg.Difference
Home Price $184,600.00$175,700.005.1%
Avg. Mortgage Payment $959.35$1,133.2315.3%
Apartment Rent $960.00$920.004.3%

Transportation

ItemMacedoniaNational avg.Difference
Gasoline $2.03$1.991.7%
Tire Balancing $53.47$45.7616.8%

Utilities

ItemMacedoniaNational avg.Difference
All Electricity$122.96$163.8124.9%
Phone $32.52$28.3914.6%
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, OH392,11487-13%
Linndale, OH19087-13%
Newburgh Heights, OH2,00088-12%
Macedonia, OH11,3641033%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Lovington, NM11,36480-20%
Richfield, WI11,36512121%
Summit, IL11,3671033%
Snyder, TX11,36882-18%
Mendota, CA11,36097-3%
Macedonia, OH11,3641033%
Source: The Macedonia, OH cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2016.