| Index | Springboro | Ohio | National |
| Cost of living | 108 | 89 | 100 |
| Groceries | 97 | 97 | 100 |
| Health care | 97 | 96 | 100 |
| Housing | 132 | 74 | 100 |
| Transportation | 97 | 96 | 100 |
| Utilities | 93 | 96 | 100 |
| Lifestyle & Entertainment | 98 | 95 | 100 |
| Household Items | 100 | 97 | 100 |
| Education & Childcare | 98 | 93 | 100 |
Are you thinking about relocating, but curious about the potential cost of living in Springboro? Is it more expensive or more affordable than average? Based on the most recent report, the cost of living in Springboro stands at 108, making it 8% higher 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.
In Springboro, daily expenses such as food, housing, lifestyle expenses, transportation and health care are in line with comparable areas and about average when compared to all cities across the nation. This ensures that the cost of living in Springboro will resemble that of an average city, contributing to a manageable cost of living.
Housing costs are a very significant part of the Springboro cost of living index and generally encompass a large percentage of take-home income. Unfortunately, in this area, the housing costs for both homes and rentals were 31.8% more than the average city. This includes things like home and rent prices, mortgage rates and insurance.
Is Springboro affordable? This is a pivotal question, especially when mulling over a move, as affordability carries substantial weight in your decision-making process. Factors such as the cost of living index (discussed earlier), housing expenses and income levels all contribute to a location's affordability. For instance, in Springboro, the median home price is 30.2% higher than the national average and monthly rent prices are 35.4% higher than the typical rates. Additionally, the median income levels play a role in affordability, with Springboro boasting a median household income of $158,164, 94.5% 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 Springboro, the healthcare costs are 2.6% lower than the national average.
Urbanization: Larger, urban hubs brimming with ample amenities and robust employment opportunities often showcase a heightened cost of living. This surge is primarily attributed to the amplified demand for services and increased residential migration, culminating in elevated home prices and elevated rental rates. Conversely, less densely populated rural locales or regions characterized by reduced demand tend to offer a more limited array of amenities and undergo slower job market growth, ultimately yielding a more affordable cost of living.
Housing: When there's a high demand for housing in trendy places, it can cause property prices and rental rates to soar, leading to a significantly higher cost of living. Conversely, in less desirable locations, where demand is low, prices tend to decrease, resulting in a more budget-friendly cost of living. In Springboro, the housing index is 31.8% higher than the national average.
The cost of living data for Springboro shown above is based on a U.S. average baseline score of 100, making it easier to compare how far your dollar may go from one city to another. Housing uses U.S. Census home price and rental data, while all remaining values are AI-assisted estimates informed by regional pricing, climate, transportation dynamics, and local economic factors. These scores are best used for directional comparisons between cities.
| Cost of living index | |
| Groceries index | |
| Health care index | |
| Housing index | |
| Transportation index | |
| Utilities index | |
| Lifestyle index | |
| Household index | |
| Educare index |
| Median Income | Per Year | Per Month | Max Budget (28% DTI) | Max Budget (36% DTI) |
| Owners | $165,886 | $13,824 | $3,870 | $4,977 |
| Renters | $109,306 | $9,109 | $2,550 | $3,280 |
| State | General Sales Tax | With Max Surtax |
| Ohio | 5.75% | 8% |
| State | Income Tax (Low) | Income Tax (High) |
| Ohio | 2.76% | 3.99% |
| City | Population | Cost of Living Index | National Avg. |
| Centerville village, OH | 70 | 78 | 21.7% |
| Drexel, OH | 2,369 | 79 | 21.4% |
| Dayton, OH | 145,927 | 82 | 17.9% |
| New Lebanon, OH | 4,008 | 84 | 16.0% |
| Moraine, OH | 6,719 | 85 | 14.7% |
| Springboro, OH | 19,037 | 108 | 7.5% |
| City | Population | Cost of Living Index | National Avg. |
| Holtsville, NY | 19,035 | 136 | 35.8% |
| Thomasville, GA | 19,040 | 101 | 0.5% |
| Niles, OH | 19,041 | 84 | 16.1% |
| Mayfield Heights, OH | 19,024 | 94 | 6.2% |
| Port Alberni, BC | 19,018 | n/a | |
| Springboro, OH | 19,037 | 108 | 7.5% |
Here are the best places to live in Ohio
Most Dangerous Cities In The US
These are the largest cities in Ohio
Safest States In The US