Magnetic Springs 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.
IndexMagnetic SpringsOhioNational
Cost of living index8491100
IndexMagnetic SpringsOhioNational
Goods & Services index9999100
Groceries index94101100
Health care index9595100
Housing index5775100
Transportation index96101100
Utilities index8791100

Did you know?

  • The cost of living in Magnetic Springs is 8% lower than the Ohio average.
  • The cost of living in Magnetic Springs is 16% lower than the national average.
  • The cost of housing in Magnetic Springs is 43% 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 Magnetic Springs, OH Cost of living To Other Cities

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Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$63,500$5,292$1,482$1,905
Renters$25,625$2,135$598$769

Ohio Sales Tax

StateGeneral Sales TaxWith Max Surtax
Ohio5.75%8%

Ohio Income Tax

StateIncome Tax (Low)Income Tax (High)
Ohio0.528%5.333%

Goods & Services

ItemMagnetic SpringsNational 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

ItemMagnetic SpringsNational 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

ItemMagnetic SpringsNational 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

ItemMagnetic SpringsNational avg.Difference
Home Price $90,000.00$175,700.0048.8%
Avg. Mortgage Payment $782.25$1,133.2331.0%
Apartment Rent $650.00$920.0029.3%

Transportation

ItemMagnetic SpringsNational avg.Difference
Gasoline $1.97$1.991.0%
Tire Balancing $41.58$45.769.1%

Utilities

ItemMagnetic SpringsNational 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.
Green Camp, OH32682-18%
Richwood, OH2,24884-16%
West Mansfield, OH73286-14%
Mount Victory, OH62986-14%
Woodstock, OH33085-15%
Magnetic Springs, OH25084-16%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Renner Corner, SD25098-2%
Maple City, MI25090-10%
Cherokee Pass, MO25092-8%
New Castle, VA25075-25%
Vernon, UT25091-9%
Magnetic Springs, OH25084-16%
Source: The Magnetic Springs, OH cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2016.