Cost of Living in Wakeman, OH

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10%
Overall NAT. AVG.
5%
Groceries NAT. AVG.
23%
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 Wakeman Ohio National
Cost of living9089100
Groceries9597100
Health care9496100
Housing7774100
Transportation9796100
Utilities9596100
Lifestyle & Entertainment9795100
Household Items9597100
Education & Childcare9493100
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Homes For Sale In Wakeman, OH

property for sale

51713 Bates Rd

Wakeman, OH
property for sale

5226 State Route 60

Wakeman, OH
property for sale

4718 Brushwood Rd

Wakeman, OH
property for sale

284 Stony Brook Ln

Wakeman, OH

Cost Of Living Quick Facts

  • The cost of living in Wakeman is equal to the Ohio average
  • The cost of living in Wakeman is 10% lower than the national average
  • Wakeman housing is 23% 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 Wakeman

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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
      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$96,738$8,062$2,257$2,902
      Renters$55,752$4,646$1,301$1,673

      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.
      Beulah Beach, OH13954.8%
      New London, OH2,5338316.5%
      North Fairfield, OH5998416.2%
      Lorain, OH66,1738415.7%
      Kipton, OH2008415.6%
      Wakeman, OH1,3559010.4%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      Forest View, IL1,3551099.4%
      Monroeville, IN1,3558515.1%
      Redfield, AR1,3568910.6%
      Norris City, IL1,3567723.0%
      Star, NC1,3548613.8%
      Wakeman, OH1,3559010.4%
      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.
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