Bucyrus 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.
IndexBucyrusOhioNational
Cost of living index8091100
IndexBucyrusOhioNational
Goods & Services index88100100
Groceries index9998100
Health care index8596100
Housing index5073100
Transportation index95102100
Utilities index9891100
The above illustration supplies generalized information for the Bucyrus, OH cost of living index. Compared to other cities in Ohio and cities across the country, the cost of living index in Bucyrus, OH is 80, which is 12% lower than the Ohio average and 20% lower than that for the entire country. The index is comprised of the following criteria: cost of retail goods and services (33%), groceries (13%), health care (5%), housing (30%), cost of public/private transportation (9%) and utilities (10%). Everyday goods and services, along with housing account for 63 percent of the total cost of living index. Goods and services that are a necessity regardless of location provide an accurate general sense of the cost of living in one city versus another. As seen above, the cost of retail goods and services in Bucyrus, OH are 11% lower than the average for Ohio and 12% lower than the rest of the country.
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Did you know?

  • The cost of living in Bucyrus is 12% lower than the Ohio average.
  • The cost of living in Bucyrus is 20% lower than the national average.
  • The cost of housing in Bucyrus is 50% lower than the national average.
  • Ohio general sales tax is 13% higher than the national average.
  • Ohio state income tax is 78% lower than the national average.

Compare Bucyrus, OH Cost of living To Other Cities

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      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 is used in order to provide a comparison of your current salary in Bucyrus, 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 Bucyrus, OH, you would have to earn a higher income to maintain a standard of living that is similar. To get started with the Bucyrus, 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$43,980$3,665$1,026$1,320
      Renters$26,944$2,245$629$808
      How much of your monthly income goes to housing can tell you whether or not you can afford housing in Bucyrus, 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 Bucyrus, OH homeowners have a median income of $43,980. Using that number, you will come up with a maximum of $1,026 per month that can be spent on the cost of housing. For those who are renting instead of owning, the median income is $26,944, which means there is a maximum of $629 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)
      Ohio0.5%5%
      When assessing the complete cost of living in Bucyrus, 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 0.5% to 5% in Ohio.

      Goods & Services

      ItemBucyrusNational avg.Difference
      Haircut $13.00$17.4925.7%
      Beauty Salon $26.62$38.1730.3%
      Toothpaste $2.41$2.324.0%
      Shampoo $0.97$1.014.1%
      Movie $8.84$10.7217.6%
      Bowling $4.25$13.8669.3%

      Groceries

      ItemBucyrusNational avg.Difference
      Ground Beef $3.65$3.906.5%
      Fried Chicken $1.71$1.4022.8%
      Milk $1.96$1.960.1%
      Potatoes $2.34$3.1826.4%
      Pizza $8.99$10.3913.5%
      Beer $8.24$9.2310.7%

      Health Care

      ItemBucyrusNational avg.Difference
      Optometrist $90.64$106.3414.8%
      Doctor $85.00$115.2526.2%
      Dentist $69.25$98.3829.6%
      Ibuprofen $8.85$9.264.4%
      Lipitor $454.34$466.472.6%

      Housing

      ItemBucyrusNational avg.Difference
      Home Price $79,600.00$184,700.0056.9%
      Avg. Mortgage Payment $719.54$1,273.3243.5%
      Apartment Rent $631.00$949.0033.5%

      Transportation

      ItemBucyrusNational avg.Difference
      Gasoline $2.31$2.5910.9%
      Tire Balancing $37.13$48.9024.1%

      Utilities

      ItemBucyrusNational avg.Difference
      All Electricity$163.54$167.602.4%
      Phone $27.99$163.4282.9%
      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.
      Oceola, OH1699-1%
      Sulphur Springs, OH9377-23%
      Iberia, OH67477-23%
      Crestline, OH4,46378-22%
      Galion, OH10,24578-22%
      Bucyrus, OH12,01180-20%

      Cities with similar population

      City, StatePopulationCost of Living IndexNational Avg.
      Clawson, MI12,00894-6%
      Pontiac, IL12,01688-12%
      Diamond Springs, CA12,00211919%
      Platteville, WI12,02093-7%
      Edgewater, NJ11,99817373%
      Bucyrus, OH12,01180-20%
      Source: The Bucyrus, OH cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for 2019.