Maumee, OH Cost Of Living

Maumee 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.
Index	Maumee	Ohio	National
Cost of living index	94	91	100
Index	Maumee	Ohio	National
Goods & Services index	112	99	100
Groceries index	96	99	100
Health care index	102	95	100
Housing index	73	73	100
Transportation index	98	101	100
Utilities index	90	93	100

Displayed above is a general overview of the Maumee, OH cost of living index. The overall cost of living index in Maumee, OH is 94, which is 4% higher than the Ohio average and 6% lower than the national average. The cost of living index is created from the following categories: goods/services (33%), groceries (13%), health care (5%), housing (30%), transportation (9%) and utilities (10%). As you can see, goods/services and housing make up the majority of the overall cost of living index. Everyday goods and services can be a good indicator of the general cost of goods in a given city. In this case, the goods and services in Maumee, OH are 13% higher than the Ohio average and 12% higher than the national average.

Did you know?

The cost of living in Maumee is 4% higher than the Ohio average.
The cost of living in Maumee is 6% lower than the national average.
The cost of housing in Maumee is 27% lower than the national average.
Ohio general sales tax is 13% higher than the national average.
Ohio state income tax is 78% 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

Use the salary calculator to compare your current income in Maumee, OH to any other city in the country. The calculator will tell you how much income you would need to make in a particular city to live at the same level based on the cost of living in each city. For example, if the cost of living in the city you are looking to move to is higher than that of Maumee, OH, then you would need to earn a higher salary in order to enjoy the same standard of living. To use the Maumee, OH salary calculator, enter the name of the new city, then move the slider to your current salary level. The salary calculator will do the rest and let you know if your salary would need to increase or decrease for the new city. You will also see a complete overview of the cost of living.

Median Income & Debt-To-Income Ratio

Median Income	Per Year	Per Month	Max Budget (28% DTI)	Max Budget (36% DTI)
Owners	$74,832	$6,236	$1,746	$2,245
Renters	$38,666	$3,222	$902	$1,160

One can approximate the cost of living and the housing affordability in Maumee, OH by the percentage of a person’s income that he or she spends on the monthly housing, otherwise known as the debt-to-income ratio (DTI). To stay on the safe side and keep one’s head above the water, a consumer should never spend more than 28 percent of his or her gross income on housing-related expenses and costs and not more than 36 percent of income on all expenses and debts. Homeowners in Maumee, OH have a median income of $74,832. Therefore, the amount that a consumer should spend on housing costs should be no more than $1,746 per month to avoid calamity and poverty. The renters in the city have an income of about $38,666, which would make their monthly maximum allowable rental costs $902.

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	0.5%	5%

For those who live in Maumee, OH and want to know what the true cost of living is, they ought to look at both the Ohio income tax rate and the Ohio sales tax rate. By sales tax, we mean the taxes that are included whenever a person is purchasing any goods or services. The amount that is taxed depends upon the particular state, where some states have a sales tax of zero percent while others can have a tax higher than seven percent. In Ohio, the sales tax is 5.75%, while the most you'll pay in surtax is 8%. There is also income tax to consider, which is based upon the amount of money made in a year. Just like sales tax, income tax depends upon the particular state but also depends upon what tax bracket the person is in. Income tax for the state can be higher than nine percent in some states to zero percent in others. For those that live in Ohio, the income tax rate ranges between 0.5% to 5%.

Goods & Services

Item	Maumee	National avg.	Difference
Haircut	$16.25	$16.09	1.0%
Beauty Salon	$33.05	$37.33	11.5%
Toothpaste	$2.06	$2.45	15.7%
Shampoo	$0.87	$1.00	12.7%
Movie	$10.06	$10.28	2.1%
Bowling	$5.59	$4.93	13.3%

Groceries

Item	Maumee	National avg.	Difference
Ground Beef	$3.56	$3.80	6.5%
Fried Chicken	$1.45	$1.40	4.0%
Milk	$1.31	$2.01	34.6%
Potatoes	$3.35	$3.01	11.2%
Pizza	$11.70	$9.89	18.3%
Beer	$8.17	$8.90	8.1%

Health Care

Item	Maumee	National avg.	Difference
Optometrist	$85.42	$102.16	16.4%
Doctor	$94.69	$108.36	12.6%
Dentist	$106.56	$92.53	15.2%
Ibuprofen	$9.38	$9.28	1.1%
Lipitor	$437.97	$425.82	2.9%

Housing

Item	Maumee	National avg.	Difference
Home Price	$128,900.00	$184,700.00	30.2%
Avg. Mortgage Payment	$1,115.53	$1,202.44	7.2%
Apartment Rent	$767.00	$949.00	19.2%

Transportation

Item	Maumee	National avg.	Difference
Gasoline	$2.25	$2.24	0.1%
Tire Balancing	$43.37	$46.29	6.3%

Utilities

Item	Maumee	National avg.	Difference
All Electricity	$124.40	$165.96	25.0%
Phone	$31.33	$28.68	9.2%

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, State	Population	Cost of Living Index	National Avg.
Harbor View, OH	52	83	-17%
McClure, OH	611	86	-14%
Toledo, OH	280,854	87	-13%
Walbridge, OH	3,072	88	-12%
Stony Ridge, OH	342	91	-9%
Maumee, OH	14,018	94	-6%

Cities with similar population

City, State	Population	Cost of Living Index	National Avg.
Oldsmar, FL	14,023	100	0%
Elizabethton, TN	14,012	87	-13%
Washington, MO	14,012	93	-7%
Rendon, TX	14,025	104	4%
Mountain House, CA	14,009	150	50%
Maumee, OH	14,018	94	-6%

Source: The Maumee, OH cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for 2017.

Maumee, OH Cost of Living