Withamsville cost of living index

In the event that the cost of living data was unavailable for this city, estimates based upon nearby cities were used. Each cost of living index is based on a national average of 100. If the amount is below 100, it is lower than the national average. If the amount is above 100, it is higher than the national average.
IndexWithamsvilleOhioNational
Cost of living index9491100
IndexWithamsvilleOhioNational
Goods & Services index102100100
Groceries index9798100
Health care index10396100
Housing index7973100
Transportation index111102100
Utilities index8791100
The above illustration supplies generalized information for the Withamsville, OH cost of living index. Compared to other cities in Ohio and cities across the country, the cost of living index in Withamsville, OH is 94, which is 3% higher than the Ohio average and 6% lower than that for the entire country. The index is comprised of the following criteria: cost of retail goods and services (33%), groceries (13%), health care (5%), housing (30%), cost of public/private transportation (9%) and utilities (10%). Everyday goods and services, along with housing account for 63 percent of the total cost of living index. Goods and services that are a necessity regardless of location provide an accurate general sense of the cost of living in one city versus another. As seen above, the cost of retail goods and services in Withamsville, OH are 3% higher than the average for Ohio and 2% higher than the rest of the country.
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Did you know?

  • The cost of living in Withamsville is 3% higher than the Ohio average.
  • The cost of living in Withamsville is 6% lower than the national average.
  • The cost of housing in Withamsville is 21% lower than the national average.
  • Ohio general sales tax is 13% higher than the national average.
  • Ohio state income tax is 78% lower than the national average.

Compare Withamsville, OH Cost of living To Other Cities

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      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
      Use the salary calculator to compare your current salary in Withamsville, OH to any other city. The salary calculator will tell you how much you would need to earn in any given city to maintain the same standard of living based on the cost of living in each city. For example, if the cost of living in the city you are looking to relocate to is higher than the cost of living in Withamsville, OH, then you would need to earn more income in order to maintain the same standard of living. To use the Withamsville, OH salary calculator, simply enter in the name of the new city, then adjust the slider to your current income. The salary calculator will do the rest and let you know if you need to earn more or less in the new city. You will also see a complete breakdown of the cost of living.

      Median Income & Debt-To-Income Ratio

      Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
      Owners$61,866$5,156$1,443$1,856
      Renters$43,147$3,596$1,007$1,295
      If you want to find a good determining factor for the cost of living and the general affordability of housing in Withamsville, OH, all you must look at is the percentage of monthly income that should be spent on housing expenses, otherwise known as the debt-to-income ratio (DTI). Generally speaking, no more than 28 percent of your total gross income should be spent on your housing expenses and not more than 36 percent of your gross income on total expenses, including debts. In Withamsville, OH, the median monthly income is $61,866 for those who own their own homes. Under the standard rule, that income level would allow for $1,443 to be budgeted for housing expenses each month, at the most. Renters, on the other hand, earn about $43,147, per the median income in the area. That would allow for renters to spend up to $1,007 on monthly rental expenses.

      Ohio Sales Tax

      StateGeneral Sales TaxWith Max Surtax
      Ohio5.75%8%

      Ohio Income Tax

      StateIncome Tax (Low)Income Tax (High)
      Ohio0.5%5%
      For those who live in Withamsville, OH and want to know what the true cost of living is, they ought to look at both the Ohio income tax rate and the Ohio sales tax rate. By sales tax, we mean the taxes that are included whenever a person is purchasing any goods or services. The amount that is taxed depends upon the particular state, where some states have a sales tax of zero percent while others can have a tax higher than seven percent. In Ohio, the sales tax is 5.75%, while the most you'll pay in surtax is 8%. There is also income tax to consider, which is based upon the amount of money made in a year. Just like sales tax, income tax depends upon the particular state but also depends upon what tax bracket the person is in. Income tax for the state can be higher than nine percent in some states to zero percent in others. For those that live in Ohio, the income tax rate ranges between 0.5% to 5%.

      Goods & Services

      ItemWithamsvilleNational avg.Difference
      Haircut $16.73$17.494.3%
      Beauty Salon $32.80$38.1714.1%
      Toothpaste $1.96$2.3215.6%
      Shampoo $0.90$1.0111.1%
      Movie $12.92$10.7220.5%
      Bowling $14.20$13.862.4%

      Groceries

      ItemWithamsvilleNational avg.Difference
      Ground Beef $3.41$3.9012.6%
      Fried Chicken $1.16$1.4016.9%
      Milk $1.09$1.9644.5%
      Potatoes $3.86$3.1821.3%
      Pizza $9.99$10.393.9%
      Beer $8.31$9.2310.0%

      Health Care

      ItemWithamsvilleNational avg.Difference
      Optometrist $92.30$106.3413.2%
      Doctor $118.82$115.253.1%
      Dentist $107.00$98.388.8%
      Ibuprofen $8.03$9.2613.3%
      Lipitor $491.32$466.475.3%

      Housing

      ItemWithamsvilleNational avg.Difference
      Home Price $145,100.00$184,700.0021.4%
      Avg. Mortgage Payment $987.35$1,273.3222.5%
      Apartment Rent $744.00$949.0021.6%

      Transportation

      ItemWithamsvilleNational avg.Difference
      Gasoline $2.93$2.5913.0%
      Tire Balancing $54.59$48.9011.6%

      Utilities

      ItemWithamsvilleNational avg.Difference
      All Electricity$133.62$167.6020.3%
      Phone $176.25$163.427.9%
      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, StatePopulationCost of Living IndexNational Avg.
      Brecon, OH3091000%
      Plainville, OH261000%
      Dillonvale village, OH64582-18%
      Elmwood Place, OH1,83183-17%
      Moscow, OH8984-16%
      Withamsville, OH7,08794-6%

      Cities with similar population

      City, StatePopulationCost of Living IndexNational Avg.
      Calverton, NY7,08912626%
      New London, WI7,08585-15%
      Crete, NE7,08988-12%
      Bellbrook, OH7,08297-3%
      New Milford, CT7,08012020%
      Withamsville, OH7,08794-6%
      Source: The Withamsville, OH cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for 2019.