A+
9%
Overall NAT. AVG.
8%
Goods & Services NAT. AVG.
22%
Housing NAT. AVG.
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Date & Last Updated: This data reflects 2023 and was released from C2ER in January, 2024; this is the most current data available.
The cost of living index is based on a national average of 100. For example, if the cost of living is 90, then it is 10% lower than average. If the cost of living is 110, then it is 10% higher than average. The breakdown for each index is as follows: goods & services (33%), groceries (13%), health care (5%), housing (30%), transportation (9%) and utilities (10%). If the cost of living data was unavailable for this city, estimates based upon nearby cities were used.
Index Cuyahoga Falls Ohio National
Cost of living9192100
Goods & Services92100100
Groceries101101100
Health care9598100
Housing7873100
Transportation98100100
Utilities10399100

An Overview of Cost of Living in Cuyahoga Falls, OH

The cost of living in Cuyahoga Falls 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 Cuyahoga Falls is 91, which is 9% lower than the national average. Knowledge of the cost of living can help individuals make informed decisions about retirement savings, investments, and financial goals.

The cost of living in Cuyahoga Falls closely mirrors the national average in comparison to other cities nationwide. Essential items such as groceries, goods and services, health care and utilities are priced at a level consistent with similar urban areas. This means that residents of Cuyahoga Falls can anticipate that their daily expenses will remain reasonably in line with those of an average city, contributing to a manageable cost of living.

What Do Locals Say About the Cost of Living in Cuyahoga Falls?

Nobody knows their city better than the people who actually live there. So, we asked 5 local residents how they would rate the cost of living in Cuyahoga Falls and this is how they responded. 40% of people said that the cost of living was affordable, with prices decreasing, while 60% of people said that the cost of living was very expensive and prices continue to rise.

Is Cuyahoga Falls Affordable?

Is Cuyahoga Falls an affordable place to live? That's a valid question to ask when you're thinking about moving to a new city. After all, how much it costs to live somewhere can be a huge factor in your decision. Affordability can be broken down into 3 common categories. The cost of living index (we talked about it earlier), housing expenses and income levels all play a big role in figuring out if a place is affordable. For instance, in Cuyahoga Falls, the median home price is 27% lower than what most folks pay across the country, and monthly rent prices are 8.9% lower than the usual rates. Income levels in Cuyahoga Falls come in at $60,280, which is 9% higher than the national average.

What Factors can Influence the Cost of Living in Cuyahoga Falls?

Urbanization: Urban areas with extensive amenities and job opportunities tend to have a higher cost of living due to increased demand for services and relocation, resulting in higher home prices and higher rents. Less densely populated rural areas, or areas with less demand tend to have fewer amenities and slower job growth, which results in a lower cost of living.

Housing: A sought-after location with high housing demand often leads to increased property values and rental rates, which can significantly inflate the overall cost of living. Conversely, areas with low housing demand, particularly in less desirable locales, tend to experience the opposite effect, causing prices to drop and contributing to a more affordable cost of living. In Cuyahoga Falls, the housing index stands at 21.6% lower than the national average.

Groceries: Over the past 2-3 years, grocery expenses have experienced substantial upward trends. In certain markets, food prices have surged by over 20% during this period, while others have witnessed more modest increases. These fluctuations in food costs can wield significant influence over the overall cost of living in a given region. In Cuyahoga Falls, the groceries index is 1.1% higher than the national average.

Where is the Data From?

The cost of living in Cuyahoga Falls, presented above is derived from the C2ER cost of living index, offering a practical method for assessing living cost disparities in urban areas. Published quarterly, this index compiles data from more than 300 independent researchers, encompassing over 60 goods and services in 6 categories. The weightings assigned to cost variances are informed by government survey data tracking the expenditure patterns of professional and executive households. It should be noted that the C2ER index does not include data on sales or income tax rates, however, AreaVibes incorporates tax rates into the overall cost of living score for each area.

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Cost Of Living Quick Facts

  • The cost of living in Cuyahoga Falls is 1% lower than the Ohio average
  • The cost of living in Cuyahoga Falls is 9% lower than the national average
  • Cuyahoga Falls housing is 22% lower than the national average
  • Ohio general sales tax is 13% higher than the national average
  • Ohio state income tax is 6% higher than the national average

Most Affordable Places to Live in and Around Cuyahoga Falls

See all the best places to live around Cuyahoga Falls

Compare Cuyahoga Falls, OH Cost of Living

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      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

      Median Income & Debt-To-Income Ratio

      Median Income Per Year Per Month Max Budget (28% DTI) Max Budget (36% DTI)
      Owners$74,007$6,167$1,727$2,220
      Renters$39,687$3,307$926$1,191
      The percent of monthly income spent on housing can be a good indicator of the affordability of housing in Cuyahoga Falls, 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 Cuyahoga Falls homeowners, is $74,007. This would allow for a maximum of $1,727 per month to be spent on housing costs. For renters, the median monthly income is $39,687 which would result in a maximum of $926 to be spent on rental costs.

      Ohio Sales Tax

      State General Sales Tax With Max Surtax
      Ohio 5.75% 8%

      Ohio Income Tax

      State Income Tax (Low) Income Tax (High)
      Ohio 2.76% 3.99%

      Goods & Services

      Item Cuyahoga Falls National avg. Difference
      Haircut $23.67$24.262.5%
      Beauty Salon $35.31$45.5622.5%
      Toothpaste $3.68$3.700.5%
      Shampoo $1.45$1.2813.0%
      Movie $11.60$12.134.4%
      Bowling $18.27$18.001.5%

      Groceries

      Item Cuyahoga Falls National avg. Difference
      Ground Beef $5.46$5.846.5%
      Fried Chicken $1.39$1.5711.4%
      Milk $4.57$4.672.3%
      Potatoes $5.38$4.939.1%
      Pizza $9.98$12.0917.4%
      Beer $10.51$10.411.0%

      Health Care

      Item Cuyahoga Falls National avg. Difference
      Optometrist $103.58$125.6817.6%
      Doctor $119.67$135.7811.9%
      Dentist $109.73$113.293.1%
      Ibuprofen $10.73$10.650.7%
      Lipitor $503.65$468.607.5%

      Housing

      Item Cuyahoga Falls National avg. Difference
      Home Price $134,800.00$184,700.0027.0%
      Avg. Mortgage Payment $1,788.16$2,346.6923.8%
      Apartment Rent $865.00$949.008.9%

      Transportation

      Item Cuyahoga Falls National avg. Difference
      Gasoline $3.41$3.461.4%
      Tire Balancing $57.76$59.923.6%

      Utilities

      Item Cuyahoga Falls National avg. Difference
      All Electricity $205.88$193.996.1%
      Phone $186.78$192.252.8%
      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 Population Cost of Living Index National Avg.
      Sawyerwood, OH1,6048020.0%
      Akron, OH197,3758415.6%
      Barberton, OH26,0308515.5%
      Marlboro, OH2968614.3%
      Lakemore, OH3,0708613.9%
      Cuyahoga Falls, OH49,191919.1%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      Portage, MI49,224946.2%
      Bedford, TX49,14511110.7%
      Cypress, CA49,13717271.7%
      Harrisburg, PA49,247909.7%
      Troy, NY49,253981.9%
      Cuyahoga Falls, OH49,191919.1%
      Date & Last Updated: This data reflects 2023 and was released from C2ER in January, 2024; this is the most current data available.