Peninsula, Ohio Cost Of Living

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D-

Overall 9%

Goods & Services 3%

Housing 35%

Date & Last Updated: This data reflects 2022 and was released from C2ER in January, 2022; 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	Peninsula	Ohio	National
Cost of living	109	91	100
Goods & Services	97	99	100
Groceries	103	99	100
Health care	104	97	100
Housing	135	73	100
Transportation	97	98	100
Utilities	98	92	100

Key findings

The cost of living in Peninsula is 21% higher than the Ohio average
The cost of living in Peninsula is 9% higher than the national average
Peninsula housing is 35% higher than the national average
Ohio general sales tax is 13% higher than the national average
Ohio state income tax is 16% higher 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	$94,792	$7,899	$2,212	$2,844
Renters	$86,250	$7,188	$2,012	$2,588

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	2.85%	4.797%

Goods & Services

Item	Peninsula	National avg.	Difference
Haircut	$19.82	$20.27	2.2%
Beauty Salon	$32.55	$40.39	19.4%
Toothpaste	$2.53	$2.36	7.1%
Shampoo	$1.08	$1.08	0.6%
Movie	$11.71	$10.99	6.6%
Bowling	$16.78	$15.49	8.3%

Groceries

Item	Peninsula	National avg.	Difference
Ground Beef	$4.45	$4.30	3.6%
Fried Chicken	$1.65	$1.40	17.7%
Milk	$1.75	$2.20	20.6%
Potatoes	$2.97	$3.22	7.6%
Pizza	$10.83	$10.74	0.8%
Beer	$8.99	$9.60	6.3%

Health Care

Item	Peninsula	National avg.	Difference
Optometrist	$90.58	$109.73	17.4%
Doctor	$116.73	$118.34	1.4%
Dentist	$110.67	$100.94	9.6%
Ibuprofen	$10.58	$9.93	6.6%
Lipitor	$518.98	$469.53	10.5%

Housing

Item	Peninsula	National avg.	Difference
Home Price	$246,800.00	$184,700.00	33.6%
Avg. Mortgage Payment	$951.68	$1,229.62	22.6%
Apartment Rent	$1,307.00	$949.00	37.7%

Transportation

Item	Peninsula	National avg.	Difference
Gasoline	$2.74	$2.71	1.2%
Tire Balancing	$46.16	$51.86	11.0%

Utilities

Item	Peninsula	National avg.	Difference
All Electricity	$165.92	$170.84	2.9%
Phone	$183.98	$187.18	1.7%

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, OH	125	82	18.3%
Highland Hills, OH	967	82	17.8%
Sawyerwood, OH	1,316	83	17.4%
Newburgh Heights, OH	1,869	83	17.1%
Bainbridge village, OH	729	84	16.3%
Peninsula, OH	615	109	9.3%

Cities with similar population

City	Population	Cost of Living Index	National Avg.
Pimaco Two, AZ	615	99	1.1%
Granada, CO	615	81	18.6%
New Haven, KY	615	87	13.3%
Attica, MI	615	92	7.6%
Foreston, MN	615	99	1.2%
Peninsula, OH	615	109	9.3%

Source: This data reflects 2021 and was released from C2ER in January, 2022; this is the most current data available.