Conneaut 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.
IndexConneautOhioNational
Cost of living index8791100
IndexConneautOhioNational
Goods & Services index101100100
Groceries index10698100
Health care index10696100
Housing index5273100
Transportation index103102100
Utilities index9491100
Here we can see a simple outline of the cost of living in Conneaut, OH. As you can see, with the average cost of living in Conneaut, OH being 87, that puts it 5% lower than the average of Ohio and 13% lower than our nation's average. This simple outline of the cost of living index was formulated using prices of: goods and services (weighted 33%), housing prices (weighted 30%), groceries (weighted 13%), utilities (weighted 10%), transportation (weighted 9%), and health care (weighted 5%). Thus, goods/services, along with housing influences the majority of the cost of living index. The price of daily goods and services is a valuable and reliable number to be aware of when considering the general price of the city's goods. In the case of Conneaut, OH, the price of goods and services are 2% higher than the average of Ohio as well as 1% higher than the nation's average.
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Did you know?

  • The cost of living in Conneaut is 5% lower than the Ohio average.
  • The cost of living in Conneaut is 13% lower than the national average.
  • The cost of housing in Conneaut is 48% 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 Conneaut, 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 meant to help you compare your salary in Conneaut, 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 Conneaut, OH, you'll have to make more money in the new city in order to maintain the lifestyle you currently enjoy. To use the Conneaut, 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$43,281$3,607$1,010$1,299
      Renters$22,474$1,873$524$674
      If you want to find a good determining factor for the cost of living and the general affordability of housing in Conneaut, OH, all you must look at is the percentage of monthly income that should be spent on housing expenses, otherwise known as the debt-to-income ratio (DTI). Generally speaking, no more than 28 percent of your total gross income should be spent on your housing expenses and not more than 36 percent of your gross income on total expenses, including debts. In Conneaut, OH, the median monthly income is $43,281 for those who own their own homes. Under the standard rule, that income level would allow for $1,010 to be budgeted for housing expenses each month, at the most. Renters, on the other hand, earn about $22,474, per the median income in the area. That would allow for renters to spend up to $524 on monthly rental expenses.

      Ohio Sales Tax

      StateGeneral Sales TaxWith Max Surtax
      Ohio5.75%8%

      Ohio Income Tax

      StateIncome Tax (Low)Income Tax (High)
      Ohio2.85%4.797%
      When assessing the complete cost of living in Conneaut, 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 2.85% to 4.797% in Ohio.

      Goods & Services

      ItemConneautNational avg.Difference
      Haircut $19.40$17.4910.9%
      Beauty Salon $35.80$38.176.2%
      Toothpaste $2.37$2.322.1%
      Shampoo $1.07$1.015.7%
      Movie $11.26$10.725.0%
      Bowling $15.60$13.8612.5%

      Groceries

      ItemConneautNational avg.Difference
      Ground Beef $4.81$3.9023.3%
      Fried Chicken $1.81$1.4029.7%
      Milk $1.54$1.9621.5%
      Potatoes $3.21$3.180.8%
      Pizza $11.99$10.3915.4%
      Beer $8.28$9.2310.3%

      Health Care

      ItemConneautNational avg.Difference
      Optometrist $85.40$106.3419.7%
      Doctor $117.00$115.251.5%
      Dentist $111.00$98.3812.8%
      Ibuprofen $9.96$9.267.5%
      Lipitor $505.49$466.478.4%

      Housing

      ItemConneautNational avg.Difference
      Home Price $87,900.00$184,700.0052.4%
      Avg. Mortgage Payment $995.65$1,273.3221.8%
      Apartment Rent $591.00$949.0037.7%

      Transportation

      ItemConneautNational avg.Difference
      Gasoline $2.83$2.599.1%
      Tire Balancing $46.27$48.905.4%

      Utilities

      ItemConneautNational avg.Difference
      All Electricity$152.39$167.609.1%
      Phone $177.75$163.428.8%
      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.
      Ashtabula, OH18,54085-15%
      Edgewood, OH4,38986-14%
      Conneautville, PA87387-13%
      Albion, PA1,53187-13%
      Springboro, PA40287-13%
      Conneaut, OH12,78287-13%

      Cities with similar population

      City, StatePopulationCost of Living IndexNational Avg.
      Bedford, OH12,78289-11%
      Glen Carbon, IL12,78299-1%
      Forest Hill, TX12,77488-12%
      Fruita, CO12,7901033%
      Minden, LA12,79081-19%
      Conneaut, OH12,78287-13%
      Source: The Conneaut, OH cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for 2019.