New Burlington 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.
IndexNew BurlingtonOhioNational
Cost of living index10091100
IndexNew BurlingtonOhioNational
Goods & Services index11499100
Groceries index98101100
Health care index8695100
Housing index8875100
Transportation index110101100
Utilities index8791100
A general overview of the cost of living index for New Burlington, OH is displayed above. In New Burlington, OH, the overall cost of living index is 100, which is 9% higher than the Ohio average and equal to the U.S. average. The following categories are used to calculate the overall cost of living index: goods/services (33%), housing (30%), groceries (13%), utilities (10%), transportation (9%) and health care (5%). From the list, it is clear that the categories of goods/services and housing are responsible for the largest portions of the overall cost of living index. As a general rule, everyday goods and services provide an accurate measure of the general cost of goods in any given city. In the case of New Burlington, OH, the city's goods and services are 15% higher than the Ohio average and 14% higher than the U.S. average.

Did you know?

  • The cost of living in New Burlington is 9% higher than the Ohio average.
  • The cost of living in New Burlington is equal to the national average.
  • The cost of housing in New Burlington is 12% 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.

Find Real Estate Listings In New Burlington

Location
Price
Bedrooms
Bathrooms
 

New Real Estate Listings In New Burlington

Compare New Burlington, 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
Use the salary calculator to compare your current salary in New Burlington, 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 New Burlington, OH, then you would need to earn more income in order to maintain the same standard of living. To use the New Burlington, 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$60,611$5,051$1,414$1,819
Renters$24,083$2,007$562$723
If you want to find a good determining factor for the cost of living and the general affordability of housing in New Burlington, OH, all you must look at is the percentage of monthly income that should be spent on housing expenses, otherwise known as the debt-to-income ratio (DTI). Generally speaking, no more than 28 percent of your total gross income should be spent on your housing expenses and not more than 36 percent of your gross income on total expenses, including debts. In New Burlington, OH, the median monthly income is $60,611 for those who own their own homes. Under the standard rule, that income level would allow for $1,414 to be budgeted for housing expenses each month, at the most. Renters, on the other hand, earn about $24,083, per the median income in the area. That would allow for renters to spend up to $562 on monthly rental expenses.

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 New Burlington, 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

ItemNew BurlingtonNational avg.Difference
Haircut $24.17$15.5655.3%
Beauty Salon $33.61$36.116.9%
Toothpaste $3.07$2.4724.0%
Shampoo $0.75$0.9621.9%
Movie $12.05$10.1319.0%
Bowling $7.57$4.7459.8%

Groceries

ItemNew BurlingtonNational avg.Difference
Ground Beef $4.39$3.9810.3%
Fried Chicken $2.09$1.4148.3%
Milk $1.72$2.0616.5%
Potatoes $3.05$2.982.4%
Pizza $9.16$9.473.3%
Beer $7.91$8.7910.1%

Health Care

ItemNew BurlingtonNational avg.Difference
Optometrist $100.11$101.040.9%
Doctor $78.33$107.4427.1%
Dentist $76.44$90.4215.5%
Ibuprofen $9.28$9.280.0%
Lipitor $404.51$426.505.2%

Housing

ItemNew BurlingtonNational avg.Difference
Home Price $142,800.00$175,700.0018.7%
Avg. Mortgage Payment $760.81$1,133.2332.9%
Apartment Rent $950.00$920.003.3%

Transportation

ItemNew BurlingtonNational avg.Difference
Gasoline $1.99$1.990.3%
Tire Balancing $60.61$45.7632.5%

Utilities

ItemNew BurlingtonNational avg.Difference
All Electricity$120.43$163.8126.5%
Phone $29.96$28.395.6%
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.
Centerville, OH12783-17%
Dayton, OH141,77688-12%
Port William, OH29088-12%
Bowersville, OH29190-10%
Clarksville, OH45791-9%
New Burlington, OH5,071100-0%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
East Moriches, NY5,07414646%
Benson, AZ5,07582-18%
Layhill, MD5,06614545%
Kings Point, NY5,076436336%
West Elmira, NY5,07796-4%
New Burlington, OH5,071100-0%
Source: The New Burlington, OH cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2016.