Canal Fulton 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.
IndexCanal FultonOhioNational
Cost of living index9191100
IndexCanal FultonOhioNational
Goods & Services index99100100
Groceries index10398100
Health care index9896100
Housing index7473100
Transportation index93102100
Utilities index9491100
An overview of the general cost of living index for Canal Fulton, OH is displayed above for your reference. Residents in Canal Fulton, OH enjoy a cost of living index of 91. This index is equal to the Ohio average, and 9% 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 Canal Fulton, OH, the average cost of goods and services is 1% lower than it is in Ohio, and it is 1% lower than the national average.
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Did you know?

  • The cost of living in Canal Fulton is equal to the Ohio average.
  • The cost of living in Canal Fulton is 9% lower than the national average.
  • The cost of housing in Canal Fulton is 26% lower than the national average.
  • Ohio general sales tax is 13% higher than the national average.
  • Ohio state income tax is 28% higher than the national average.

Compare Canal Fulton, 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 is meant to help you compare your salary in Canal Fulton, 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 Canal Fulton, OH, you'll have to make more money in the new city in order to maintain the lifestyle you currently enjoy. To use the Canal Fulton, 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)
      The percent of monthly income spent on housing can be a good indicator of the affordability of housing in Canal Fulton, 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 Canal Fulton, OH homeowners, is $56,667. This would allow for a maximum of $1,322 per month to be spent on housing costs. For renters, the median monthly income is $35,250 which would result in a maximum of $822 to be spent on rental costs.

      Ohio Sales Tax

      StateGeneral Sales TaxWith Max Surtax

      Ohio Income Tax

      StateIncome Tax (Low)Income Tax (High)
      One thing to keep in mind when considering the cost of living in Canal Fulton, 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 2.85% to 4.797%.

      Goods & Services

      ItemCanal FultonNational avg.Difference
      Haircut $15.00$17.4914.2%
      Beauty Salon $34.00$38.1710.9%
      Toothpaste $2.99$2.3228.8%
      Shampoo $1.00$1.011.2%
      Movie $10.40$10.723.0%
      Bowling $12.00$13.8613.4%


      ItemCanal FultonNational avg.Difference
      Ground Beef $5.08$3.9030.3%
      Fried Chicken $1.39$1.400.4%
      Milk $1.89$1.963.7%
      Potatoes $3.13$3.181.7%
      Pizza $9.99$10.393.9%
      Beer $9.59$9.233.9%

      Health Care

      ItemCanal FultonNational avg.Difference
      Optometrist $103.60$106.342.6%
      Doctor $150.84$115.2530.9%
      Dentist $91.40$98.387.1%
      Ibuprofen $7.99$9.2613.7%
      Lipitor $339.53$466.4727.2%


      ItemCanal FultonNational avg.Difference
      Home Price $138,400.00$184,700.0025.1%
      Avg. Mortgage Payment $1,141.80$1,273.3210.3%
      Apartment Rent $695.00$949.0026.8%


      ItemCanal FultonNational avg.Difference
      Gasoline $2.53$2.592.6%
      Tire Balancing $42.98$48.9012.1%


      ItemCanal FultonNational avg.Difference
      All Electricity$153.04$167.608.7%
      Phone $175.88$163.427.6%
      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.
      Sawyerwood, OH1,31682-18%
      Canton, OH72,16382-18%
      North Lawrence, OH30284-16%
      Akron, OH198,50884-16%
      Fredericksburg, OH47281-19%
      Canal Fulton, OH5,46491-9%

      Cities with similar population

      City, StatePopulationCost of Living IndexNational Avg.
      Bowling Green, MO5,46484-16%
      Macon, MO5,46383-17%
      Big Stone Gap, VA5,46285-15%
      Bessemer City, NC5,46289-11%
      Mulvane, KS5,46191-9%
      Canal Fulton, OH5,46491-9%
      Source: The Canal Fulton, OH cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for 2019.