Shelby 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.
Cost of living index8091100
Goods & Services index8796100
Groceries index9799100
Health care index9196100
Housing index5275100
Transportation index9895100
Utilities index98101100
A general overview of the cost of living index for Shelby, OH is displayed above. In Shelby, OH, the overall cost of living index is 80, which is 12% lower than the Ohio average and 20% lower 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 Shelby, OH, the city's goods and services are 10% lower than the Ohio average and 13% lower than the U.S. average.

Did you know?

  • The cost of living in Shelby is 12% lower than the Ohio average.
  • The cost of living in Shelby is 20% lower than the national average.
  • The cost of housing in Shelby is 48% 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 Shelby


New Real Estate Listings In Shelby

Compare Shelby, 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 Shelby, 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 Shelby, OH, the calculator will tell you how much more you need to earn so you can assess job offers more accurately. The Shelby, 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 Shelby, 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 Shelby, OH, the median monthly income is $44,921 for those who own their own homes. Under the standard rule, that income level would allow for $1,048 to be budgeted for housing expenses each month, at the most. Renters, on the other hand, earn about $28,795, per the median income in the area. That would allow for renters to spend up to $672 on monthly rental expenses.

Ohio Sales Tax

StateGeneral Sales TaxWith Max Surtax

Ohio Income Tax

StateIncome Tax (Low)Income Tax (High)
When considering the overall cost of living expenses in Shelby, OH, it's important to take into account the sales tax for Ohio, as well as the rate for income tax in Ohio. Goods and services sold to consumers in any state have some form of sales tax. Each state has its own tax code, which means that sales tax rates vary from state to state, ranging from over 7% in some states to as low as 0% in others. The maximum surtax for Ohio is 8%, and the sales tax in the state of Ohio is 5.75%. Alternatively, the tax imposed on your income by the state government is known as income tax. The rate for this tax also varies from state to state, and your rate is affected by your tax bracket, which is determined by your level of income. Income tax rates might be as high as 9%, down to as low as 0%. The range for income tax rates in Ohio starts from 0.528% and goes up to 5.333%.

Goods & Services

ItemShelbyNational avg.Difference
Haircut $11.80$14.5919.1%
Beauty Salon $31.75$34.688.4%
Toothpaste $2.47$2.470.1%
Shampoo $1.20$1.0217.4%
Movie $8.38$9.8715.1%
Bowling $3.00$4.3931.7%


ItemShelbyNational avg.Difference
Ground Beef $3.83$4.4814.4%
Fried Chicken $1.39$1.465.1%
Milk $2.21$2.366.2%
Potatoes $2.23$3.0627.2%
Pizza $9.00$9.242.6%
Beer $7.99$8.637.4%

Health Care

ItemShelbyNational avg.Difference
Optometrist $92.00$99.787.8%
Doctor $87.67$105.0316.5%
Dentist $74.75$88.7015.7%
Ibuprofen $8.31$9.4111.7%
Lipitor $324.05$298.508.6%


ItemShelbyNational avg.Difference
Home Price $82,600.00$175,700.0053.0%
Avg. Mortgage Payment $627.79$1,081.0341.9%
Apartment Rent $580.00$920.0037.0%


ItemShelbyNational avg.Difference
Gasoline $1.98$2.095.5%
Tire Balancing $48.33$45.296.7%


ItemShelbyNational avg.Difference
All Electricity$136.21$170.8020.3%
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.
Sulphur Springs, OH14277-23%
North Robinson, OH18878-22%
Tiro, OH19578-22%
Chatfield, OH18479-21%
Galion, OH10,31479-21%
Shelby, OH9,14980-20%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Milton, FL9,14990-10%
Covington, LA9,1511011%
Louisville, OH9,15192-8%
The Village, OK9,14786-14%
Linganore, MD9,15412424%
Shelby, OH9,14980-20%
Source: The Shelby, OH cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2015.