Wickliffe 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.
IndexWickliffeOhioNational
Cost of living index9591100
IndexWickliffeOhioNational
Goods & Services index10596100
Groceries index10799100
Health care index11496100
Housing index7475100
Transportation index9795100
Utilities index100101100
A general overview of the cost of living index for Wickliffe, OH is displayed above. In Wickliffe, OH, the overall cost of living index is 95, which is 5% higher than the Ohio average and 5% 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 Wickliffe, 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 Wickliffe is 5% higher than the Ohio average.
  • The cost of living in Wickliffe is 5% lower than the national average.
  • The cost of housing in Wickliffe is 26% 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 Wickliffe, OH Cost of living To Other Cities

Salary Calculator

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Use the salary calculator to compare your current salary in Wickliffe, OH to any other city. The salary calculator will tell you how much you would need to earn in any given city to maintain the same standard of living based on the cost of living in each city. For example, if the cost of living in the city you are looking to relocate to is higher than the cost of living in Wickliffe, OH, then you would need to earn more income in order to maintain the same standard of living. To use the Wickliffe, OH salary calculator, simply enter in the name of the new city, then adjust the slider to your current income. The salary calculator will do the rest and let you know if you need to earn more or less in the new city. You will also see a complete breakdown of the cost of living.

Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$54,533$4,544$1,272$1,636
Renters$27,648$2,304$645$830
One can approximate the cost of living and the housing affordability in Wickliffe, OH by the percentage of a person’s income that he or she spends on the monthly housing, otherwise known as the debt-to-income ratio (DTI). To stay on the safe side and keep one’s head above the water, a consumer should never spend more than 28 percent of his or her gross income on housing-related expenses and costs and not more than 36 percent of income on all expenses and debts. Homeowners in Wickliffe, OH have a median income of $54,533. Therefore, the amount that a consumer should spend on housing costs should be no more than $1,272 per month to avoid calamity and poverty. The renters in the city have an income of about $27,648, which would make their monthly maximum allowable rental costs $645.

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 Wickliffe, 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

ItemWickliffeNational 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

ItemWickliffeNational 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

ItemWickliffeNational 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

ItemWickliffeNational avg.Difference
Home Price $122,700.00$175,700.0030.2%
Avg. Mortgage Payment $1,001.84$1,081.037.3%
Apartment Rent $785.00$920.0014.7%

Transportation

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

Utilities

ItemWickliffeNational 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%
Newburgh Heights, OH2,00089-11%
Kinsman Center, OH52290-10%
Wickliffe, OH12,67195-5%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Mount Dora, FL12,6631011%
Waimalu, HI12,68016161%
West Richland, WA12,68095-5%
Bayou Blue, LA12,65989-11%
Wakefield, VA12,68416060%
Wickliffe, OH12,67195-5%
Source: The Wickliffe, OH cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2015.