Pepper Pike 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.
IndexPepper PikeOhioNational
Cost of living index13591100
IndexPepper PikeOhioNational
Goods & Services index10199100
Groceries index114101100
Health care index10095100
Housing index21075100
Transportation index106101100
Utilities index9291100
A general overview of the cost of living index for Pepper Pike, OH is displayed above. In Pepper Pike, OH, the overall cost of living index is 135, which is 48% higher than the Ohio average and 35% higher than 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 Pepper Pike, OH, the city's goods and services are 2% higher than the Ohio average and 1% higher than the U.S. average.

Did you know?

  • The cost of living in Pepper Pike is 48% higher than the Ohio average.
  • The cost of living in Pepper Pike is 35% higher than the national average.
  • The cost of housing in Pepper Pike is 110% 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 Pepper Pike, OH Cost of living To Other Cities

Salary Calculator

This is how much you would need to earn in
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Groceries index
Health care index
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The salary calculator is used in order to provide a comparison of your current salary in Pepper Pike, OH to another city of your choice. The calculator will inform you of what your salary needs to be in any specific city in order for you to maintain your living standard based on what the city’s cost of living is. As an example, if you are seeking to move to a city that has a higher cost of living compared to Pepper Pike, OH, you would have to earn a higher income to maintain a standard of living that is similar. To get started with the Pepper Pike, OH salary calculator, input the new city’s name and then move the slider to indicate your current income. The salary calculator will now process the numbers and show you whether you need to earn more or less in the chosen city. A comprehensive breakdown of the cost of living will also be shown.

Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$139,167$11,597$3,247$4,175
Renters$23,750$1,979$554$713
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 Pepper Pike, 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. Pepper Pike, OH has a median income of about $139,167 for people who own homes. Based on that number, a person should spend a maximum of $3,247 on expenses related to housing. Renters have a slightly different median income, which is $23,750. Based on this average, renters should spend no more than $554 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%
The Ohio sales tax and Ohio income tax rates should definitely be considered when determining the overall cost of living in Pepper Pike, OH. Sales taxes are taxes that are imposed onto goods and services sold. Sales taxes do vary by state and can range from no tax at all to upwards of 7%. The Ohio sales tax is 5.75% and the maximum surtax is 8%. Income tax is the tax imposed on income by the government. The income tax rates will vary by state and will also increase or decrease depending on the corresponding tax bracket. State income tax rates can range from anywhere from no tax at all to more than 9%. The Ohio income tax rates range from 0.528% to 5.333%.

Goods & Services

ItemPepper PikeNational 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

ItemPepper PikeNational 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

ItemPepper PikeNational 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

ItemPepper PikeNational avg.Difference
Home Price $427,700.00$175,700.00143.4%
Avg. Mortgage Payment $959.35$1,133.2315.3%
Apartment Rent $1,229.00$920.0033.6%

Transportation

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

Utilities

ItemPepper PikeNational 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%
Newburgh Heights, OH2,00088-12%
Twinsburg Heights, OH93984-16%
Pepper Pike, OH6,07913535%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
North Manchester, IN6,08083-17%
Sheridan, OR6,0811033%
Steilacoom, WA6,08311919%
Los Ranchos de Albuquerque, NM6,07411919%
Wendell, NC6,08597-3%
Pepper Pike, OH6,07913535%
Source: The Pepper Pike, OH cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2016.