| Index | Euclid | Ohio | National |
| Cost of living | 85 | 89 | 100 |
| Groceries | 99 | 97 | 100 |
| Health care | 95 | 96 | 100 |
| Housing | 59 | 74 | 100 |
| Transportation | 96 | 96 | 100 |
| Utilities | 94 | 96 | 100 |
| Lifestyle & Entertainment | 98 | 95 | 100 |
| Household Items | 99 | 97 | 100 |
| Education & Childcare | 91 | 93 | 100 |
Understanding the cost of living in Euclid can help future residents assess whether their current financial situation aligns with the expenses they will encounter. It enables them to plan for potential changes in their budget and lifestyle. The Euclid cost of living index is 85, which is 15% lower than the national average. The cost of living index is calculated by taking into account multiple categories, which encompass both the cost of everyday expenditures and larger expenses as well.
Euclid housing costs are 41.2% less than the national average, making this area an affordable place to live. Your net income can be heavily impacted by housing expenses, at times exceeding 30%. Fortunately, this area demonstrates that both homeownership and renting costs are significantly more budget-friendly than in the rest of the country. With such favorable housing affordability, Euclid residents can earmark a more manageable portion of their income to housing.
Is Euclid 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 Euclid is 52.9% lower than the national average, while the average monthly rent prices are 14.1% lower than average. The affordability of any location can also be influenced by median income levels. Euclid has a median household income of $61,118, which is 24.9% lower than the national average.
Taxes: Areas with higher taxes, including sales taxes and income taxes, can contribute to a higher cost of living. Paying more tax for everyday household expenses like clothing and food will result in higher costs, as will paying a higher rate of income tax. The general sales tax rate in Euclid starts at 5.75% and the income tax rates start at 2.76%.
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 Euclid, the transportation index is 4.3% lower than the national average.
Healthcare: Healthcare costs and insurance premiums can fluctuate greatly based on the city or state. Access to healthcare facilities, out-of-pocket expenses for doctor\’s visits, dentist costs, medication costs and specialized care costs can all impact the cost of living. In Euclid, the healthcare costs are 5.5% lower than the national average.
The cost of living data for Euclid shown above is based on a U.S. average baseline score of 100, making it easier to compare how far your dollar may go from one city to another. Housing uses U.S. Census home price and rental data, while all remaining values are AI-assisted estimates informed by regional pricing, climate, transportation dynamics, and local economic factors. These scores are best used for directional comparisons between cities.
| 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 | $83,020 | $6,918 | $1,937 | $2,491 |
| Renters | $44,098 | $3,675 | $1,029 | $1,323 |
| 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. |
| East Cleveland, OH | 17,563 | 80 | 20.2% |
| Linndale, OH | 346 | 81 | 18.5% |
| Kinsman Center, OH | 674 | 82 | 18.1% |
| Highland Hills, OH | 782 | 82 | 18.0% |
| Cleveland, OH | 391,340 | 81 | 18.9% |
| Euclid, OH | 48,275 | 85 | 15.0% |
| City | Population | Cost of Living Index | National Avg. |
| Alexandria, LA | 48,170 | 93 | 6.8% |
| Victoriaville, QC | 48,167 | n/a | |
| Ocoee, FL | 48,411 | 116 | 16.4% |
| Keller, TX | 48,412 | 134 | 33.5% |
| Elmhurst, IL | 48,413 | 135 | 34.6% |
| Euclid, OH | 48,275 | 85 | 15.0% |
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