| Index | Canton | Ohio | National |
| Cost of living | 82 | 89 | 100 |
| Groceries | 97 | 97 | 100 |
| Health care | 94 | 96 | 100 |
| Housing | 49 | 74 | 100 |
| Transportation | 95 | 96 | 100 |
| Utilities | 99 | 96 | 100 |
| Lifestyle & Entertainment | 92 | 95 | 100 |
| Household Items | 97 | 97 | 100 |
| Education & Childcare | 92 | 93 | 100 |
The cost of living in Canton affects the quality of life one can afford in this new location. It allows people to assess whether they can maintain their preferred lifestyle, including housing, leisure activities and dining options. Your total monthly expenditures can varry depending on the area, as well as many other factors. The cost of living in Canton is 82, which is 18% lower than the national average. Knowledge of the cost of living can help individuals make informed decisions about retirement savings, investments, and financial goals.
Housing expenses often consume a significant portion of your net income, occasionally surpassing 30%. Fortunately, housing costs in Canton are 50.7% below the national average. This highlights the region's exceptional affordability for both homeownership and rentals in comparison to the rest of the country. This favorable housing situation allows residents to allocate a more reasonable fraction of their income to housing, resulting in enhanced financial flexibility and improved overall financial well-being.
Nobody knows their city better than the people who actually live there. So, we asked 14 local residents how they would rate the cost of living in Canton and this is how they responded. 64% of people said that the cost of living was affordable, with prices decreasing, while 36% of people said that the cost of living was very expensive and prices continue to rise.
Is Canton an affordable place to live? It's a good question and one that you might want to ask when considering any new city, as affordability can play a huge role in the decision making process. The cost of living index (which we covered above), as well as housing costs and income levels play a vital role in determining the affordability of an area. The median home price in Canton is 60.7% lower than the national average, while the average monthly rent prices are 27.4% lower than average. The affordability of any location can also be influenced by median income levels. Canton has a median household income of $48,260, which is 40.7% lower than the national average.
Housing: When there's a high demand for housing in trendy places, it can cause property prices and rental rates to soar, leading to a significantly higher cost of living. Conversely, in less desirable locations, where demand is low, prices tend to decrease, resulting in a more budget-friendly cost of living. In Canton, the housing index is 50.7% lower than the national average.
Healthcare: Healthcare expenses and insurance premiums can vary significantly depending on the specific city or state. Factors such as accessibility to healthcare facilities, out-of-pocket expenses for doctor's visits, dental care expenses, prescription costs and specialized medical care fees can all influence the overall cost of living. In Canton, healthcare costs are 6% lower than the national average.
Transportation: If public transportation is limited or not available, residents may need to own and maintain vehicles, which can add to the cost of living. Gas, insurance, regular maintenance and potentially lease or finance payments will all need to be paid on a monthly basis. In Canton, the transportation index is 5.5% lower than the national average.
The Canton cost of living data displayed above uses a U.S. average baseline of 100 to provide a practical way to compare living expenses across cities. Housing estimates incorporate U.S. Census home price and rental data, while all other values are generated using AI-assisted models based on everyday expense expectations, regional pricing trends, climate, transportation patterns, and local economic conditions. These values are designed for directional city-to-city comparisons.
| Cost of living index | |
| Groceries index | |
| Health care index | |
| Housing index | |
| Transportation index | |
| Utilities index | |
| Lifestyle index | |
| Household index | |
| Educare index |
| Median Income | Per Year | Per Month | Max Budget (28% DTI) | Max Budget (36% DTI) |
| Owners | $68,939 | $5,745 | $1,608 | $2,068 |
| Renters | $34,614 | $2,885 | $808 | $1,039 |
| State | General Sales Tax | With Max Surtax |
| Ohio | 5.75% | 8% |
| State | Income Tax (Low) | Income Tax (High) |
| Ohio | 2.76% | 3.99% |
| City | Population | Cost of Living Index | National Avg. |
| Sandyville, OH | 133 | 95 | 4.7% |
| Robertsville, OH | 306 | 81 | 19.2% |
| North Lawrence, OH | 222 | 82 | 18.4% |
| Limaville, OH | 218 | 84 | 16.2% |
| Alliance, OH | 22,517 | 83 | 16.6% |
| Canton, OH | 73,469 | 82 | 18.5% |
| City | Population | Cost of Living Index | National Avg. |
| Weston, FL | 73,378 | 151 | 51.4% |
| Pittsburg, CA | 73,362 | 146 | 46.5% |
| Frederick, MD | 73,590 | 120 | 20.2% |
| Gulfport, MS | 73,689 | 90 | 9.5% |
| Lauderhill, FL | 73,782 | 106 | 5.5% |
| Canton, OH | 73,469 | 82 | 18.5% |
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