| Index | Willoughby | Ohio | National |
| Cost of living | 95 | 89 | 100 |
| Groceries | 99 | 97 | 100 |
| Health care | 97 | 96 | 100 |
| Housing | 91 | 74 | 100 |
| Transportation | 95 | 96 | 100 |
| Utilities | 96 | 96 | 100 |
| Lifestyle & Entertainment | 93 | 95 | 100 |
| Household Items | 99 | 97 | 100 |
| Education & Childcare | 99 | 93 | 100 |
The cost of living in Willoughby affects the quality of life one can afford in this new location. It allows people to assess whether they can maintain their preferred lifestyle, including housing, leisure activities and dining options. Your total monthly expenditures can varry depending on the area, as well as many other factors. The cost of living in Willoughby is 95, which is 5% lower than the national average. Knowledge of the cost of living can help individuals make informed decisions about retirement savings, investments, and financial goals.
Everyday expenditures like food, housing, lifestyle expenses, transportation and health care in Willoughby are priced in a manner consistent with other areas. This means that residents of Willoughby can anticipate their daily expenses remaining reasonably similar to those in an average city, thereby supporting a manageable cost of living.
Is Willoughby 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 Willoughby, the median home price is 14.8% lower than what most folks pay across the country, and monthly rent prices are 3.8% higher than the usual rates. Income levels in Willoughby come in at $91,403, which is 12.4% higher than the national average.
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 Willoughby, the housing index stands at 9.2% 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 Willoughby, healthcare costs are 3% lower than the national average.
Taxes: Locations with elevated tax rates, encompassing both sales and income taxes, can be a factor in driving up the cost of living. When you're paying more in taxes for everyday household expenses, it naturally translates into higher expenses. Similarly, a higher income tax rate can also contribute to an overall higher cost of living. In Willoughby, the standard sales tax rate starts at 5.75%, and the income tax rates commence at 2.76%.
The cost of living estimates displayed for Willoughby are modeled using a U.S. average baseline of 100, helping provide a useful comparison of local living expenses. Housing calculations include U.S. Census home price and rental data, while all other values are AI-assisted estimates based on regional cost patterns, climate, transportation, and everyday spending expectations. These values are intended for directional comparisons across 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 | $111,248 | $9,271 | $2,596 | $3,338 |
| Renters | $61,591 | $5,133 | $1,437 | $1,848 |
| 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% |
| Newburgh Heights, OH | 1,841 | 82 | 17.7% |
| Willoughby, OH | 23,699 | 95 | 4.9% |
| City | Population | Cost of Living Index | National Avg. |
| Blue Island, IL | 23,702 | 93 | 6.9% |
| Landover, MD | 23,705 | 115 | 15.3% |
| Kingston, NY | 23,708 | 108 | 8.1% |
| Radcliff, KY | 23,674 | 90 | 9.5% |
| Laguna Beach, CA | 23,724 | 326 | 226.2% |
| Willoughby, OH | 23,699 | 95 | 4.9% |
Here are the best places to live in Ohio
Most Dangerous States In The US
Safest Cities In The US
These are the 10 cheapest cities in Ohio