A+
4%
Overall NAT. AVG.
2%
Goods & Services NAT. AVG.
17%
Housing NAT. AVG.
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Date & Last Updated: This data reflects 2023 and was released from C2ER in January, 2024; 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 White Oak Ohio National
Cost of living9692100
Goods & Services102100100
Groceries102101100
Health care10398100
Housing8373100
Transportation102100100
Utilities10099100

An Overview of Cost of Living in White Oak, OH

Getting a feel for the cost of living in White Oak 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 White Oak is 96, which is 4% 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.

Everyday expenditures like food, housing, goods and services, transportation and health care in White Oak are priced in a manner consistent with other areas. This means that residents of White Oak can anticipate their daily expenses remaining reasonably similar to those in an average city, thereby supporting a manageable cost of living.

Is White Oak Affordable?

Wondering if White Oak is affordable? It's a question that often comes up when you're thinking about a new city since affordability can really shape your decisions. The cost of living index (covered earlier), housing expenses and income levels all play a part in the affordability equation. In White Oak, for example, the median home price is 18.2% lower than what folks pay nationally, and monthly rent is 13.3% lower than the usual rates. Plus, income levels matter too, with White Oak boasting a median household income of $66,232, which is 19.7% higher than the national average.

What Factors can Influence the Cost of Living in White Oak?

Housing: A sought-after location with high housing demand often leads to increased property values and rental rates, which can significantly inflate the overall cost of living. Conversely, areas with low housing demand, particularly in less desirable locales, tend to experience the opposite effect, causing prices to drop and contributing to a more affordable cost of living. In White Oak, the housing index stands at 16.7% lower than the national average.

Healthcare: Healthcare expenditures and insurance premium rates can vary significantly, contingent upon the particular city or state. Factors such as the accessibility of healthcare facilities, out-of-pocket expenses for doctor's appointments, dental care charges, prescription medication costs, and expenses related to specialized medical care can all have an impact on the overall cost of living. In White Oak, healthcare costs are 2.7% higher than the national average.

Groceries: Grocery expenditures have undergone notable escalation over the last 2-3 years. In some markets, the cost of food products has surged by more than 20%, while others have experienced only modest increments. These fluctuations in food costs can have a significant impact on the overall cost of living in any region. In White Oak, the groceries index registers 2.4% higher than the national average.

Where is the Data From?

The White Oak cost of living data displayed above is derived from the C2ER cost of living index to provide a useful and reasonably accurate measure of living cost differences in urban areas. Published on a quarterly basis, it compiles data from more than 300 independent researchers, encompassing over 60 goods and services. These items have been meticulously selected to represent various consumer expenditure categories, in 6 categories. Weightings assigned to cost differentials draw from government survey data tracking spending patterns among professional and executive households. While the C2ER index excludes data on sales or income tax rates, AreaVibes incorporates tax rates into the overall cost of living score for each region.

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Cost Of Living Quick Facts

  • The cost of living in White Oak is 5% higher than the Ohio average
  • The cost of living in White Oak is 4% lower than the national average
  • White Oak housing is 17% 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 White Oak

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Compare White Oak, OH Cost of Living

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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
      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$80,280$6,690$1,873$2,409
      Renters$39,052$3,254$911$1,172
      A good way to judge both the affordability of the housing and the cost of living in White Oak is by simply calculating the maximum that should be spent on housing, otherwise known as the debt-to-income ratio (DTI). The plan is to avoid spending more than 28 percent of the gross income on costs that pertain to housing and no more than 36 percent on all expenses and debts. White Oak has a median income of about $80,280 for people who own homes. Based on that number, a maximum of $1,873 should be spent on expenses related to housing. Renters have a slightly different median income, which is $39,052. Based on this average, renters should spend no more than $911 on all rental costs if they want to maintain a non-impoverished standard of living.

      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%

      Goods & Services

      Item White Oak National avg. Difference
      Haircut $25.13$24.263.6%
      Beauty Salon $37.93$45.5616.7%
      Toothpaste $3.60$3.702.7%
      Shampoo $1.27$1.280.6%
      Movie $14.35$12.1318.3%
      Bowling $17.56$18.002.5%

      Groceries

      Item White Oak National avg. Difference
      Ground Beef $5.91$5.841.2%
      Fried Chicken $1.72$1.579.1%
      Milk $4.80$4.672.7%
      Potatoes $5.05$4.932.3%
      Pizza $11.92$12.091.4%
      Beer $10.63$10.412.1%

      Health Care

      Item White Oak National avg. Difference
      Optometrist $105.42$125.6816.1%
      Doctor $159.40$135.7817.4%
      Dentist $106.67$113.295.8%
      Ibuprofen $10.68$10.650.3%
      Lipitor $497.02$468.606.1%

      Housing

      Item White Oak National avg. Difference
      Home Price $151,100.00$184,700.0018.2%
      Avg. Mortgage Payment $1,993.26$2,346.6915.1%
      Apartment Rent $823.00$949.0013.3%

      Transportation

      Item White Oak National avg. Difference
      Gasoline $3.27$3.465.6%
      Tire Balancing $73.09$59.9222.0%

      Utilities

      Item White Oak National avg. Difference
      All Electricity $197.10$193.991.6%
      Phone $186.48$192.253.0%
      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.
      Plainville, OH1531021.7%
      Mount Carmel, IN121021.7%
      Shawnee, OH1,0541021.7%
      Petersburg, KY3681021.7%
      Elizabethtown, OH2848020.4%
      White Oak, OH18,351963.8%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      Cameron Park, CA18,37014544.8%
      Rutherford, NJ18,37614342.6%
      St. Marys, GA18,321981.9%
      St. John, IN18,3821077.1%
      Harrison, NJ18,31312828.3%
      White Oak, OH18,351963.8%
      Date & Last Updated: This data reflects 2023 and was released from C2ER in January, 2024; this is the most current data available.