| Index | Warren | Ohio | National |
| Cost of living | 81 | 89 | 100 |
| Groceries | 98 | 97 | 100 |
| Health care | 98 | 96 | 100 |
| Housing | 46 | 74 | 100 |
| Transportation | 97 | 96 | 100 |
| Utilities | 98 | 96 | 100 |
| Lifestyle & Entertainment | 94 | 95 | 100 |
| Household Items | 95 | 97 | 100 |
| Education & Childcare | 92 | 93 | 100 |
Getting a feel for the cost of living in Warren is essential for anyone planning to relocate, as it empowers them to make informed financial decisions, secure a comfortable lifestyle and maintain financial stability in their new environment. The cost of living in Warren is 81, which is 19% lower than the national average. Relocating individuals may need to adjust their savings and investment strategies based on the cost of living in the new location. It influences decisions about retirement planning, investments and financial goals.
Warren housing costs are 53.9% less than the national average, making this area an affordable place to live. Your net income can be heavily impacted by housing expenses, at times exceeding 30%. Fortunately, this area demonstrates that both homeownership and renting costs are significantly more budget-friendly than in the rest of the country. With such favorable housing affordability, Warren residents can earmark a more manageable portion of their income to housing.
Is Warren an affordable place to live? That's a valid question to ask when you're thinking about moving to a new city. After all, how much it costs to live somewhere can be a huge factor in your decision. Affordability can be broken down into 3 common categories. The cost of living index (we talked about it earlier), housing expenses and income levels all play a big role in figuring out if a place is affordable. For instance, in Warren, the median home price is 64.1% lower than what most folks pay across the country, and monthly rent prices are 30.1% lower than the usual rates. Income levels in Warren come in at $39,674, which is 51.2% lower than the national average.
Subsidies: Certain regions may provide government subsidies or assistance initiatives designed to alleviate the cost of living burden on their residents. These programs encompass a wide range of support mechanisms, such as Medicare, Medicaid, housing subsidies, low-income home energy assistance programs, school lunch programs, supplemental nutrition assistance programs, student loans, electric vehicle tax credits, affordable care act subsidies and farming subsidies. Areas with fewer subsidy offerings might experience an elevation in their cost of living.
Transportation: In situations where public transportation is limited or nonexistent, local residents may be required to own and maintain their own vehicles, contributing to an elevated cost of living. Monthly expenditures may encompass fuel costs, insurance premiums, routine vehicle upkeep and possibly lease or financing payments. In Warren, the transportation index is 3% lower than the national average.
Taxes: Regions that impose higher taxes, including sales and income taxes, can contribute to an increased cost of living. Higher taxes for everyday necessities such as clothing, utilities and food inevitably leads to higher expenditures. Additionally, a higher income tax rate can also play a role in elevating the overall cost of living. In Warren, the prevailing sales tax rate starts at 5.75%, and income tax rates kick off at 2.76%.
The Warren cost of living data displayed above uses a U.S. average baseline of 100 to provide a practical way to compare living expenses across cities. Housing estimates incorporate U.S. Census home price and rental data, while all other values are generated using AI-assisted models based on everyday expense expectations, regional pricing trends, climate, transportation patterns, and local economic conditions. These values are designed for directional city-to-city comparisons.
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| Groceries index | |
| Health care index | |
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| Utilities index | |
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| Household index | |
| Educare index |
| Median Income | Per Year | Per Month | Max Budget (28% DTI) | Max Budget (36% DTI) |
| Owners | $65,855 | $5,488 | $1,537 | $1,976 |
| Renters | $26,597 | $2,216 | $621 | $798 |
| 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. |
| Youngstown, OH | 65,739 | 78 | 22.4% |
| Maplewood Park, OH | 295 | 79 | 21.4% |
| Lowellville, OH | 1,143 | 79 | 21.2% |
| Campbell, OH | 8,042 | 80 | 20.5% |
| Masury, OH | 2,149 | 81 | 19.4% |
| Warren, OH | 40,233 | 81 | 18.9% |
| City | Population | Cost of Living Index | National Avg. |
| Culver City, CA | 40,188 | 208 | 107.9% |
| Lake Oswego, OR | 40,335 | 165 | 64.7% |
| South Valley, NM | 40,361 | 93 | 7.2% |
| Marumsco, VA | 40,366 | 113 | 13.2% |
| Lancaster, TX | 40,385 | 98 | 2.3% |
| Warren, OH | 40,233 | 81 | 18.9% |
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