Trenton 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.
IndexTrentonOhioNational
Cost of living index9691100
IndexTrentonOhioNational
Goods & Services index11499100
Groceries index98101100
Health care index8695100
Housing index7675100
Transportation index110101100
Utilities index8791100
An overview of the general cost of living index for Trenton, OH is displayed above for your reference. Residents in Trenton, OH enjoy a cost of living index of 96. This index is 5% higher than the Ohio average, and 4% lower than the national average. The following categories are used when determining the cost of living index for any given city: health care (5%), transportation (9%), utilities (10%), groceries (13%), housing (30%), and goods/services (33%). Clearly, housing and goods/services make up the majority of the formula for calculating the cost of living index. Because of this, the general cost of living for any given area can be estimated by looking at the cost of everyday goods in that area. For those living in Trenton, OH, the average cost of goods and services is 15% higher than it is in Ohio, and it is 14% higher than the national average.

Did you know?

  • The cost of living in Trenton is 5% higher than the Ohio average.
  • The cost of living in Trenton is 4% lower than the national average.
  • The cost of housing in Trenton is 24% 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 Trenton, 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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Using the salary calculator lets you compare the salary you earn in Trenton, OH to what it is in other cities. It will let you know what your earnings would have to be in another city to have the same standard of living, as determined by the cost of living in each city. For example, if the cost of living in the area you want to move to is higher than the cost of living in Trenton, OH, you have to earn a higher income in order to still have the same standard of living. To operate the Trenton, OH salary calculator, put in the name of the other city, then move the slider to the point that represents the current income. The salary calculator will take care of the rest and tell you how much more or less you must earn in the new city. A Total breakdown of the cost of living is also provided.

Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$69,052$5,754$1,611$2,072
Renters$43,659$3,638$1,019$1,310
The percent of monthly income spent on housing can be a good indicator of the affordability of housing in Trenton, OH as well as the overall cost of living. As a general rule of thumb, the debt-to-income ratio (DTI) for homeowners or renters should be not more than 28 percent of gross income to be spent on housing related costs and not more than 36 percent of income on all expenses, including debts. The median income for Trenton, OH homeowners, is $69,052. This would allow for a maximum of $1,611 per month to be spent on housing costs. For renters, the median monthly income is $43,659 which would result in a maximum of $1,019 to be spent on rental costs.

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 Trenton, 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

ItemTrentonNational 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

ItemTrentonNational 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

ItemTrentonNational 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

ItemTrentonNational avg.Difference
Home Price $122,900.00$175,700.0030.1%
Avg. Mortgage Payment $760.81$1,133.2332.9%
Apartment Rent $843.00$920.008.4%

Transportation

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

Utilities

ItemTrentonNational 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.
Brecon, OH25670-30%
New Baltimore, OH52379-21%
Jacksonburg, OH6788-12%
Camden, OH2,26475-25%
Williamsdale, OH66584-16%
Trenton, OH12,09196-4%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Mountain House, CA12,08814040%
Carnot-Moon, PA12,08193-7%
Amherst, OH12,08098-2%
Gulfport, FL12,10293-7%
Mandeville, LA12,10211010%
Trenton, OH12,09196-4%
Source: The Trenton, OH cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2016.