A
1%
Overall NAT. AVG.
8%
Goods & Services NAT. AVG.
5%
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 North Ridgeville Ohio National
Cost of living9992100
Goods & Services92100100
Groceries101101100
Health care9598100
Housing10573100
Transportation98100100
Utilities10399100

An Overview of Cost of Living in North Ridgeville, OH

Are you thinking about relocating, but curious about the potential cost of living in North Ridgeville? Is it more expensive or more affordable than average? Based on the most recent report, the cost of living in North Ridgeville stands at 99, making it 1% lower than the national average. The cost of living directly affects the affordability of one's desired lifestyle. Knowing the cost of housing, transportation, groceries and other essentials in the new area allows people to gauge whether they can maintain their preferred standard of living.

The cost of living in North Ridgeville 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 North Ridgeville can anticipate that their daily expenses will remain reasonably in line with those of an average city, contributing to a manageable cost of living.

Is North Ridgeville Affordable?

Wondering if North Ridgeville is affordable? It's a question that often comes up when you're thinking about a new city since affordability can really shape your decisions. The cost of living index (covered earlier), housing expenses and income levels all play a part in the affordability equation. In North Ridgeville, for example, the median home price is 2% higher than what folks pay nationally, and monthly rent is 10.5% higher than the usual rates. Plus, income levels matter too, with North Ridgeville boasting a median household income of $77,560, which is 40.2% higher than the national average.

What Factors can Influence the Cost of Living in North Ridgeville?

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 North Ridgeville, the housing index stands at 4.6% higher 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 North Ridgeville, the healthcare costs are 4.8% lower than the national average.

Groceries: Grocery costs have continued to increase significantly over the last 2-3 years. In some markets the cost of food has gone up by more than 20% in that period. While other markets have managed to see only a moderate uptick. These food costs can have a major impact on the cost of living in any area. In North Ridgeville, the groceries index is 1.1% higher than the national average.

Where is the Data From?

The cost of living data in North Ridgeville displayed above is sourced from the C2ER cost of living index, which serves as a practical tool for comparing living expenses across urban areas. Published on a quarterly basis, this index aggregates data from over 300 independent researchers, encompassing more than 60 goods and services, in 6 different categories. The weightings assigned to cost differences rely on government survey data that tracks the spending habits of professional and executive households. It's worth noting that the C2ER index excludes data on sales or income tax rates, while AreaVibes integrates tax rates into the overall cost of living evaluation for each region.

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Cost Of Living Quick Facts

  • The cost of living in North Ridgeville is 7% higher than the Ohio average
  • The cost of living in North Ridgeville is 1% lower than the national average
  • North Ridgeville housing is 5% 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

Most Affordable Places to Live in and Around North Ridgeville

See all the best places to live around North Ridgeville

Compare North Ridgeville, 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$81,971$6,831$1,913$2,459
      Renters$43,862$3,655$1,023$1,316
      To approximate the cost of living and the housing affordability in North Ridgeville, OH, we can look at the percentage of income that is available to be spent on monthly housing, otherwise known as the debt-to-income ratio (DTI). To stay on the safe side, a consumer should not spend more than 28% of his or her gross income on housing-related expenses and costs and not more than 36% of income on all expenses and debts. Homeowners in North Ridgeville have a median income of $81,971. Therefore, the amount that a consumer should spend on housing costs should be no more than $1,913 per month to avoid calamity and poverty. The renters in the city have an income of about $43,862, which would make their monthly maximum allowable rental costs $1,023.

      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 North Ridgeville 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 North Ridgeville 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 North Ridgeville 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 North Ridgeville National avg. Difference
      Home Price $188,400.00$184,700.002.0%
      Avg. Mortgage Payment $1,788.16$2,346.6923.8%
      Apartment Rent $1,049.00$949.0010.5%

      Transportation

      Item North Ridgeville National avg. Difference
      Gasoline $3.41$3.461.4%
      Tire Balancing $57.76$59.923.6%

      Utilities

      Item North Ridgeville 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.
      Linndale, OH3348217.9%
      Eaton Estates, OH1,2098317.0%
      Lorain, OH63,8328415.5%
      Kipton, OH1968514.6%
      Elyria, OH53,8448713.4%
      North Ridgeville, OH33,961991.3%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      Salisbury, NC33,961909.7%
      Sun Prairie, WI33,95411313.2%
      Pullman, WA33,97411414.1%
      Merritt Island, FL33,97511211.8%
      Cookeville, TN33,922927.8%
      North Ridgeville, OH33,961991.3%
      Date & Last Updated: This data reflects 2023 and was released from C2ER in January, 2024; this is the most current data available.