Paulding 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.
IndexPauldingOhioNational
Cost of living index8191100
IndexPauldingOhioNational
Goods & Services index9696100
Groceries index9299100
Health care index9296100
Housing index5375100
Transportation index8895100
Utilities index93101100
Here we can see a simple outline of the cost of living in Paulding, OH. As you can see, with the average cost of living in Paulding, OH being 81, that puts it 11% lower than the average of Ohio and 19% lower than our nation's average. This simple outline of the cost of living index was formulated using prices of: goods and services (weighted 33%), housing prices (weighted 30%), groceries (weighted 13%), utilities (weighted 10%), transportation (weighted 9%), and health care (weighted 5%). Thus, goods/services, along with housing influences the majority of the cost of living index. The price of daily goods and services is a valuable and reliable number to be aware of when considering the general price of the city's goods. In the case of Paulding, OH, the price of goods and services are equal to the average of Ohio as well as 5% lower than the nation's average.

Did you know?

  • The cost of living in Paulding is 11% lower than the Ohio average.
  • The cost of living in Paulding is 19% lower than the national average.
  • The cost of housing in Paulding is 47% 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 Paulding, OH Cost of living To Other Cities

Salary Calculator

This is how much you would need to earn in
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Cost of living index
Goods & Services index
Groceries index
Health care index
Housing index
Transportation index
Utilities index
The salary calculator is meant to help you compare your salary in Paulding, OH to your potential earning power in another city. This can help you deduce what your salary would need to be in any given city in order for you to live the same lifestyle that you do in your current city. In other words, if you plan on moving to a city where the cost of living is higher than in Paulding, OH, you'll have to make more money in the new city in order to maintain the lifestyle you currently enjoy. To use the Paulding, OH salary calculator, simply input the new city, then move the adjustable slider to match your current income. Once you've selected your income, the calculator will determine if that income is sufficient to support your standard of living in the new city you entered. The calculator will also supply you with a rundown of living costs in the new city.

Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$55,216$4,601$1,288$1,657
Renters$22,461$1,872$524$674
A good way to judge both the affordability of the housing and the cost of living is by simply calculating the maximum that a person should spend on housing in Paulding, OH, otherwise known as the debt-to-income ratio (DTI). The safest way to live in the city is to avoid spending more than 28 percent of the gross income that one earns on costs that pertain to housing and no more than 36 percent on all expenses and debts. Paulding, OH has a median income of about $55,216 for people who own homes. Based on that number, a person should spend a maximum of $1,288 on expenses related to housing. Renters have a slightly different median income, which is $22,461. Based on this average, renters should spend no more than $524 on all of their rental costs if they want to maintain a non-impoverished standard of living.

Ohio Sales Tax

StateGeneral Sales TaxWith Max Surtax
Ohio5.75%8%

Ohio Income Tax

StateIncome Tax (Low)Income Tax (High)
Ohio0.528%5.333%
One thing to keep in mind when considering the cost of living in Paulding, 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

ItemPauldingNational avg.Difference
Haircut $12.00$14.5917.8%
Beauty Salon $22.00$34.6836.6%
Toothpaste $1.78$2.4728.0%
Shampoo $0.84$1.0217.8%
Movie $9.25$9.876.3%
Bowling $3.33$4.3924.2%

Groceries

ItemPauldingNational avg.Difference
Ground Beef $4.32$4.483.5%
Fried Chicken $1.29$1.4611.9%
Milk $1.49$2.3636.8%
Potatoes $3.22$3.065.2%
Pizza $9.00$9.242.6%
Beer $8.54$8.631.1%

Health Care

ItemPauldingNational avg.Difference
Optometrist $91.33$99.788.5%
Doctor $86.33$105.0317.8%
Dentist $83.50$88.705.9%
Ibuprofen $8.08$9.4114.2%
Lipitor $301.80$298.501.1%

Housing

ItemPauldingNational avg.Difference
Home Price $86,100.00$175,700.0051.0%
Avg. Mortgage Payment $827.91$1,081.0323.4%
Apartment Rent $563.00$920.0038.8%

Transportation

ItemPauldingNational avg.Difference
Gasoline $1.90$2.099.0%
Tire Balancing $36.67$45.2919.0%

Utilities

ItemPauldingNational avg.Difference
All Electricity$137.03$170.8019.8%
Phone $30.99$28.269.7%
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.
Broughton, OH9874-26%
Scott, OH28975-25%
Cloverdale, OH17683-17%
Grover Hill, OH38784-16%
Cecil, OH20578-22%
Paulding, OH3,63181-19%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Moxee, WA3,63197-3%
Scott City, KS3,63186-14%
Valley Springs, CA3,63111818%
Reminderville, OH3,6301044%
Grand Bay, AL3,63290-10%
Paulding, OH3,63181-19%
Source: The Paulding, OH cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2015.