University Heights 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.
IndexUniversity HeightsOhioNational
Cost of living index10291100
IndexUniversity HeightsOhioNational
Goods & Services index10596100
Groceries index10799100
Health care index11496100
Housing index9875100
Transportation index9795100
Utilities index100101100
A general overview of the cost of living index for University Heights, OH is displayed above. In University Heights, OH, the overall cost of living index is 102, which is 13% higher than the Ohio average and 2% 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 University Heights, OH, the city's goods and services are 9% higher than the Ohio average and 5% higher than the U.S. average.

Did you know?

  • The cost of living in University Heights is 13% higher than the Ohio average.
  • The cost of living in University Heights is 2% higher than the national average.
  • The cost of housing in University Heights is 2% 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 University Heights, OH Cost of living To Other Cities

Salary Calculator

This is how much you would need to earn in
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Goods & Services index
Groceries index
Health care index
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The salary calculator is meant to help you compare your salary in University Heights, 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 University Heights, OH, you'll have to make more money in the new city in order to maintain the lifestyle you currently enjoy. To use the University Heights, 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$87,442$7,287$2,040$2,624
Renters$35,861$2,988$837$1,076
How much of your monthly income goes to housing can tell you whether or not you can afford housing in University Heights, OH, as well as what the average cost of living is. Generally, a good rule to follow is that the debt-to-income (DTI) level you want to maintain is 28 percent or less of your income on your rent or mortgage payment and not more than 36 percent of income on all expenses and debts. In University Heights, OH homeowners have a median income of $87,442. Using that number, you will come up with a maximum of $2,040 per month that can be spent on the cost of housing. For those who are renting instead of owning, the median income is $35,861, which means there is a maximum of $837 to be spent on the costs of renting a home or apartment.

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 University Heights, 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

ItemUniversity HeightsNational avg.Difference
Haircut $17.45$14.5919.6%
Beauty Salon $41.75$34.6820.4%
Toothpaste $2.64$2.476.7%
Shampoo $1.03$1.020.8%
Movie $10.15$9.872.9%
Bowling $4.29$4.392.3%

Groceries

ItemUniversity HeightsNational avg.Difference
Ground Beef $4.86$4.488.6%
Fried Chicken $1.54$1.465.2%
Milk $2.69$2.3614.1%
Potatoes $2.79$3.068.9%
Pizza $11.00$9.2419.0%
Beer $7.99$8.637.4%

Health Care

ItemUniversity HeightsNational avg.Difference
Optometrist $84.74$99.7815.1%
Doctor $115.50$105.0310.0%
Dentist $115.00$88.7029.6%
Ibuprofen $11.07$9.4117.6%
Lipitor $302.96$298.501.5%

Housing

ItemUniversity HeightsNational avg.Difference
Home Price $160,100.00$175,700.008.9%
Avg. Mortgage Payment $1,001.84$1,081.037.3%
Apartment Rent $1,040.00$920.0013.0%

Transportation

ItemUniversity HeightsNational avg.Difference
Gasoline $1.99$2.094.9%
Tire Balancing $45.52$45.290.5%

Utilities

ItemUniversity HeightsNational avg.Difference
All Electricity$165.58$170.803.1%
Phone $29.58$28.264.7%
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.
East Cleveland, OH17,61986-14%
Highland Hills, OH99987-13%
Cleveland, OH392,11488-12%
Linndale, OH19088-12%
Newburgh Heights, OH2,00089-11%
University Heights, OH13,4041022%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Homosassa Springs, FL13,40383-17%
North Mankato, MN13,40397-3%
East Wenatchee, WA13,403100-0%
Circleville, OH13,39588-12%
Warrensville Heights, OH13,38791-9%
University Heights, OH13,4041022%
Source: The University Heights, OH cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2015.