Cost of Living in Mount Carmel, OH

Get 300+ Local Insights for Any Address in Mount Carmel, OH

Get Access to 300+ Local Data Points
A+
9%
Overall NAT. AVG.
3%
Groceries NAT. AVG.
18%
Housing NAT. AVG.
Date & Last Updated: These cost of living estimates reflect 2026 modeled data using U.S. Census housing inputs and AI-assisted city-level pricing models.
The cost of living index is based on a national average of 100. For example, if the cost of living score is 90, then the estimated cost of living is 10% lower than the national average. If the score is 110, then the estimated cost of living is 10% higher than average. The overall index is calculated using weighted estimates across major everyday expense categories, including housing (30%), groceries (16%), transportation (12%), healthcare (10%), utilities (8%), lifestyle and entertainment (8%), household expenses (8%), and education and childcare (8%). All values are AI-assisted city-level estimates designed for directional comparisons.
Index Mount Carmel Ohio National
Cost of living9189100
Groceries9797100
Health care9596100
Housing8274100
Transportation9596100
Utilities9596100
Lifestyle & Entertainment9395100
Household Items9797100
Education & Childcare9293100
Does this Area Fit Your Budget? Local Insights Report
  • Know the community before you call it home
  • Compare multiple areas side by side
  • Access over 300 data points for any address
Local Insights Report

Homes For Sale In Mount Carmel, OH

property for sale

464 Vancouver Ct

Cincinnati, OH
property for sale

691 Tradition Rdg

Cincinnati, OH
property for sale

449 Dartmouth Cir

Cincinnati, OH
property for sale

465 Vancover Ct #3

Cincinnati, OH

Cost Of Living Quick Facts

  • The cost of living in Mount Carmel is 2% higher than the Ohio average
  • The cost of living in Mount Carmel is 9% lower than the national average
  • Mount Carmel housing is 18% 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 Mount Carmel

See all the best places to live around Mount Carmel

Compare Mount Carmel, OH Cost of Living

City Image
    City Default Image
      vs
      How would you rate the cost of living in Mount Carmel?
      Write a review to give others more information about this area.
      Is the cost of living increasing or decreasing in Mount Carmel?
      Write a review to give others more information about this area.
      See all Mount Carmel poll results

      The best places in Ohio

      Here are the best places to live in OhioSee the best places to live in Mount CarmelThese are the largest cities in OhioCheck out the 10 safest cities in Ohio
      Best Places in Ohio

      Salary Calculator

      This is how much you would need to earn in
      Price difference in compared to
      Cost of living index
      Groceries index
      Health care index
      Housing index
      Transportation index
      Utilities index
      Lifestyle index
      Household index
      Educare index

      Median Income & Debt-To-Income Ratio

      Median Income Per Year Per Month Max Budget (28% DTI) Max Budget (36% DTI)
      Owners$100,662$8,389$2,349$3,020
      Renters$53,398$4,450$1,246$1,602
      The percentage of monthly income spent on housing related expenses can help predict the affordability of housing in Mount Carmel, 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 Mount Carmel, homeowners have a median income of $100,662. Using that number, a maximum of $2,349 per month should be allocated to housing expenses. For those who are renting instead of owning, the median income is $53,398, which means there is a maximum of $1,246 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 2.76% 3.99%

      Nearby cities with low cost of living

      City Population Cost of Living Index National Avg.
      Plainville, OH159973.4%
      Dillonvale village, OH6678020.2%
      Elmwood Place, OH2,1328019.8%
      Arlington Heights, OH8558218.1%
      Lincoln Heights, OH3,4788217.9%
      Mount Carmel, OH4,996919.0%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      Stone Park, IL4,9971000.4%
      Denver City, TX4,997955.5%
      Marystown, NL4,997n/a 
      Tucumcari, NM4,9947921.3%
      Rochester, WA4,99411818.0%
      Mount Carmel, OH4,996919.0%
      Date & Last Updated: These cost of living estimates reflect 2026 modeled data using U.S. Census housing inputs and AI-assisted city-level pricing models.
      General
      For Professionals
      Follow Us
      AV on Twitter AV on Facebook
      © AreaVibes Inc. 2010-2026