Park Layne 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.
IndexPark LayneOhioNational
Cost of living index8891100
IndexPark LayneOhioNational
Goods & Services index10496100
Groceries index10799100
Health care index9196100
Housing index5675100
Transportation index9695100
Utilities index101101100
Displayed above is a general overview of the Park Layne, OH cost of living index. The overall cost of living index in Park Layne, OH is 88, which is 3% lower than the Ohio average and 12% lower than the national average. The cost of living index is created from the following categories: goods/services (33%), groceries (13%), health care (5%), housing (30%), transportation (9%) and utilities (10%). As you can see, goods/services and housing make up the majority of the overall cost of living index. Everyday goods and services can be a good indicator of the general cost of goods in a given city. In this case, the goods and services in Park Layne, OH are 8% higher than the Ohio average and 4% higher than the national average.

Did you know?

  • The cost of living in Park Layne is 3% lower than the Ohio average.
  • The cost of living in Park Layne is 12% lower than the national average.
  • The cost of housing in Park Layne is 44% 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 Park Layne, 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
The salary calculator allows you to compare how much your current salary in Park Layne, OH would be worth in another city. In other words, the salary calculator will adjust the figure you enter for cost of living so that you can determine how much more or much less you would need to earn while maintaining your current quality of living. If you are considering relocating to a more expensive city than Park Layne, OH, the calculator will tell you how much more you need to earn so you can assess job offers more accurately. The Park Layne, OH salary calculator is easy to use. All you do is enter the name of another city, then move the slider to your current income. After that, the salary calculator will crunch the numbers for you and give you the information you need about the place you are considering going. Additionally, it will show a detailed breakdown of the cost of living.

Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
If you want to find a good determining factor for the cost of living and the general affordability of housing in Park Layne, 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 Park Layne, OH, the median monthly income is $49,515 for those who own their own homes. Under the standard rule, that income level would allow for $1,155 to be budgeted for housing expenses each month, at the most. Renters, on the other hand, earn about $39,457, per the median income in the area. That would allow for renters to spend up to $921 on monthly rental expenses.

Ohio Sales Tax

StateGeneral Sales TaxWith Max Surtax

Ohio Income Tax

StateIncome Tax (Low)Income Tax (High)
One thing to keep in mind when considering the cost of living in Park Layne, OH is the Ohio sales tax and Ohio income tax rates. Sales taxes are taxes that are collected on most goods or services sold. Sales taxes can vary by state and can be as high as 7% and as low as 0% as not every state imposes a sales tax. The Ohio sales tax rate is 5.75% and the maximum surtax that can be charged is 8%. Income tax is the tax imposed on income by both the federal and state government. The income tax rates varies by individual state and will also be higher or lower depending on the applicable tax bracket. The rates of state income tax can vary from 0% to more than 9%. The Ohio income tax rates range from 0.528% to 5.333%.

Goods & Services

ItemPark LayneNational avg.Difference
Haircut $18.00$14.5923.3%
Beauty Salon $47.40$34.6836.7%
Toothpaste $2.87$2.4716.0%
Shampoo $1.25$1.0222.3%
Movie $11.63$9.8717.9%
Bowling $5.50$4.3925.2%


ItemPark LayneNational avg.Difference
Ground Beef $5.49$4.4822.6%
Fried Chicken $1.91$1.4630.5%
Milk $2.29$2.362.8%
Potatoes $3.39$3.0610.7%
Pizza $8.39$9.249.2%
Beer $7.99$8.637.4%

Health Care

ItemPark LayneNational avg.Difference
Optometrist $86.35$99.7813.5%
Doctor $78.50$105.0325.3%
Dentist $84.00$88.705.3%
Ibuprofen $9.01$9.414.3%
Lipitor $304.35$298.502.0%


ItemPark LayneNational avg.Difference
Home Price $78,700.00$175,700.0055.2%
Avg. Mortgage Payment $811.81$1,081.0324.9%
Apartment Rent $768.00$920.0016.5%


ItemPark LayneNational avg.Difference
Gasoline $2.02$2.093.3%
Tire Balancing $41.99$45.297.3%


ItemPark LayneNational avg.Difference
All Electricity$144.29$170.8015.5%
Phone $34.95$28.2623.7%
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.
Drexel, OH1,87284-16%
Highland Holiday, OH40784-16%
Dayton, OH141,77686-14%
Crystal Lakes, OH1,39887-13%
Springfield, OH60,21687-13%
Park Layne, OH4,74788-12%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Utica, MI4,74788-12%
Peculiar, MO4,74791-9%
Lakeport, CA4,74611313%
Shaw Heights, CO4,7491022%
Sheridan, AR4,74992-8%
Park Layne, OH4,74788-12%
Source: The Park Layne, OH cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2015.