Cost Of Living in Kenwood, OH

D-

13%

Overall NAT. AVG.

2%

Goods & Services NAT. AVG.

41%

Housing NAT. AVG.

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	Kenwood	Ohio	National
Cost of living	113	92	100
Goods & Services	102	100	100
Groceries	102	101	100
Health care	103	98	100
Housing	141	73	100
Transportation	102	100	100
Utilities	100	99	100

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Cost Of Living Quick Facts

The cost of living in Kenwood is 23% higher than the Ohio average
The cost of living in Kenwood is 13% higher than the national average
Kenwood housing is 41% higher than the national average
Ohio general sales tax is 13% higher than the national average
Ohio state income tax is 100% lower than the national average

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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	$90,200	$7,517	$2,105	$2,706
Renters	$54,722	$4,560	$1,277	$1,642

The percentage of monthly income spent on housing related expenses can help predict the affordability of housing in Kenwood, OH, as well as what the overall cost of living might be. Generally, a good rule to follow is that the debt-to-income (DTI) level you want to maintain is 28 percent or less of your income on your rent or mortgage payments and not more than 36 percent of income on all expenses and debts. In Kenwood, homeowners have a median income of $90,200. Using that number, a maximum of $2,105 per month should be allocated to housing expenses. For those who are renting instead of owning, the median income is $54,722, which means there is a maximum of $1,277 to be spent on the costs of renting a home or apartment.

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	0%	3.99%

Goods & Services

Item	Kenwood	National avg.	Difference
Haircut	$25.13	$24.26	3.6%
Beauty Salon	$37.93	$45.56	16.7%
Toothpaste	$3.60	$3.70	2.7%
Shampoo	$1.27	$1.28	0.6%
Movie	$14.35	$12.13	18.3%
Bowling	$17.56	$18.00	2.5%

Groceries

Item	Kenwood	National avg.	Difference
Ground Beef	$5.91	$5.84	1.2%
Fried Chicken	$1.72	$1.57	9.1%
Milk	$4.80	$4.67	2.7%
Potatoes	$5.05	$4.93	2.3%
Pizza	$11.92	$12.09	1.4%
Beer	$10.63	$10.41	2.1%

Health Care

Item	Kenwood	National avg.	Difference
Optometrist	$105.42	$125.68	16.1%
Doctor	$159.40	$135.78	17.4%
Dentist	$106.67	$113.29	5.8%
Ibuprofen	$10.68	$10.65	0.3%
Lipitor	$497.02	$468.60	6.1%

Housing

Item	Kenwood	National avg.	Difference
Home Price	$240,400.00	$184,700.00	30.2%
Avg. Mortgage Payment	$1,993.26	$2,346.69	15.1%
Apartment Rent	$1,565.00	$949.00	64.9%

Transportation

Item	Kenwood	National avg.	Difference
Gasoline	$3.27	$3.46	5.6%
Tire Balancing	$73.09	$59.92	22.0%

Utilities

Item	Kenwood	National avg.	Difference
All Electricity	$197.10	$193.99	1.6%
Phone	$186.48	$192.25	3.0%

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.
Plainville, OH	153	102	1.7%
Dillonvale village, OH	645	83	16.6%
Elmwood Place, OH	2,071	84	16.4%
Arlington Heights, OH	827	85	14.7%
Lincoln Heights, OH	3,359	86	13.8%
Kenwood, OH	7,538	113	13.4%

Cities with similar population

City	Population	Cost of Living Index	National Avg.
Fairlawn, OH	7,536	96	4.4%
Palmyra, PA	7,541	99	1.4%
Delafield, WI	7,541	125	25.3%
Lander, WY	7,533	103	3.3%
Berlin, NJ	7,543	112	12.2%
Kenwood, OH	7,538	113	13.4%