| Index | Wickliffe | Ohio | National |
| Cost of living | 91 | 89 | 100 |
| Groceries | 99 | 97 | 100 |
| Health care | 95 | 96 | 100 |
| Housing | 80 | 74 | 100 |
| Transportation | 96 | 96 | 100 |
| Utilities | 94 | 96 | 100 |
| Lifestyle & Entertainment | 98 | 95 | 100 |
| Household Items | 99 | 97 | 100 |
| Education & Childcare | 91 | 93 | 100 |
Are you thinking about relocating, but curious about the potential cost of living in Wickliffe? Is it more expensive or more affordable than average? Based on the most recent report, the cost of living in Wickliffe stands at 91, making it 9% lower 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.
The cost of living in Wickliffe closely mirrors the national average in comparison to other cities nationwide. Essential items such as groceries, houshold expenses, health care and utilities are priced at a level consistent with similar urban areas. This means that residents of Wickliffe can anticipate that their daily expenses will remain reasonably in line with those of an average city, contributing to a manageable cost of living.
Is Wickliffe 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 Wickliffe, the median home price is 33.4% lower than the national average and monthly rent prices are 12.9% higher than the typical rates. Additionally, the median income levels play a role in affordability, with Wickliffe boasting a median household income of $98,402, 21% higher 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.
Utilities: Much like any other costs, utility expenses can exhibit considerable variations, influenced by factors such as climate, available energy sources, geographic location and state regulations. The costs associated with electricity, water, heating, and waste disposal can vary significantly depending on the city or state in question. In Wickliffe, the utilities index stands at 5.9% lower 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 Wickliffe, the groceries index registers 0.8% lower than the national average.
The Wickliffe cost of living estimates above use a normalized U.S. average of 100 as the baseline for comparison. Housing values incorporate local home price and rental information from the U.S. Census, while all other estimates are AI-assisted and modeled using expected everyday expenses, local market trends, climate, and transportation-related cost pressures. The results are intended for practical city-to-city comparisons.
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| Groceries index | |
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| Educare index |
| Median Income | Per Year | Per Month | Max Budget (28% DTI) | Max Budget (36% DTI) |
| Owners | $104,326 | $8,694 | $2,434 | $3,130 |
| Renters | $80,597 | $6,716 | $1,880 | $2,418 |
| 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. |
| East Cleveland, OH | 17,563 | 80 | 20.2% |
| Kinsman Center, OH | 674 | 82 | 18.1% |
| Highland Hills, OH | 782 | 82 | 18.0% |
| Cleveland, OH | 391,340 | 81 | 18.9% |
| Bainbridge village, OH | 756 | 82 | 17.8% |
| Wickliffe, OH | 13,221 | 91 | 8.5% |
| City | Population | Cost of Living Index | National Avg. |
| Geneva, NY | 13,221 | 96 | 4.1% |
| Dover, OH | 13,219 | 92 | 8.5% |
| Joppatowne, MD | 13,217 | 117 | 17.0% |
| El Sobrante CDP (Contra Costa County), CA | 13,228 | 136 | 35.8% |
| Wellington North, ON | 13,212 | n/a | |
| Wickliffe, OH | 13,221 | 91 | 8.5% |
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