Reynoldsburg, Ohio Cost Of Living

Buy Rent

B

Overall 9%

Goods & Services 7%

Housing 16%

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	Reynoldsburg	Ohio	National
Cost of living	91	91	100
Goods & Services	93	99	100
Groceries	100	99	100
Health care	88	97	100
Housing	84	73	100
Transportation	92	98	100
Utilities	90	92	100

Key findings

The cost of living in Reynoldsburg is equal to the Ohio average
The cost of living in Reynoldsburg is 9% lower than the national average
Reynoldsburg housing is 16% lower 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	$76,879	$6,407	$1,794	$2,307
Renters	$40,976	$3,415	$956	$1,229

The percentage of monthly income spent on housing related expenses can help predict the affordability of housing in Reynoldsburg, 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 Reynoldsburg, homeowners have a median income of $76,879. Using that number, a maximum of $1,794 per month should be allocated to housing expenses. For those who are renting instead of owning, the median income is $40,976, which means there is a maximum of $956 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	2.85%	4.797%

Goods & Services

Item	Reynoldsburg	National avg.	Difference
Haircut	$17.64	$20.27	13.0%
Beauty Salon	$41.93	$40.39	3.8%
Toothpaste	$1.78	$2.36	24.6%
Shampoo	$0.98	$1.08	9.0%
Movie	$10.66	$10.99	3.0%
Bowling	$17.73	$15.49	14.5%

Groceries

Item	Reynoldsburg	National avg.	Difference
Ground Beef	$4.86	$4.30	13.0%
Fried Chicken	$1.19	$1.40	15.0%
Milk	$1.71	$2.20	22.5%
Potatoes	$2.68	$3.22	16.6%
Pizza	$10.24	$10.74	4.7%
Beer	$8.99	$9.60	6.3%

Health Care

Item	Reynoldsburg	National avg.	Difference
Optometrist	$56.01	$109.73	49.0%
Doctor	$124.42	$118.34	5.1%
Dentist	$80.85	$100.94	19.9%
Ibuprofen	$9.34	$9.93	5.9%
Lipitor	$467.50	$469.53	0.4%

Housing

Item	Reynoldsburg	National avg.	Difference
Home Price	$142,600.00	$184,700.00	22.8%
Avg. Mortgage Payment	$1,006.60	$1,229.62	18.1%
Apartment Rent	$948.00	$949.00	0.1%

Transportation

Item	Reynoldsburg	National avg.	Difference
Gasoline	$2.72	$2.71	0.2%
Tire Balancing	$40.84	$51.86	21.3%

Utilities

Item	Reynoldsburg	National avg.	Difference
All Electricity	$142.48	$170.84	16.6%
Phone	$183.23	$187.18	2.1%

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.
Pleasantville, OH	1,206	82	17.7%
Whitehall, OH	18,596	82	17.7%
Thurston, OH	473	83	17.0%
Kirkersville, OH	507	84	15.8%
Carroll, OH	381	84	15.7%
Reynoldsburg, OH	36,995	91	9.5%

Cities with similar population

City	Population	Cost of Living Index	National Avg.
Parkland, WA	36,998	106	6.5%
Phenix City, AL	36,990	91	9.0%
Los Banos, CA	37,012	109	9.3%
Kearns, UT	36,952	100	0.0%
Portage, IN	37,054	100	0.2%
Reynoldsburg, OH	36,995	91	9.5%

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