Van Wert, OH Cost Of Living
Cost Of Living In Van Wert, OH Summary
Cost of living in Van Wert research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means Van Wert is expensive. An index value below 100 means the city is a relatively cheap place to live.
On a city-by-city basis in Ohio, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:
The cost of living index in Van Wert is 85, with 100 being the average.
The cost of living index in Van Wert is 0.8x lower than the national average.
Van Wert ranks as the #53 cheapest in Ohio out of 286.
Van Wert ranks as the #777 cheapest out of 6,412 in the US.
The median home value in Van Wert is $89,000.
The median income in Van Wert is $47,811.
Table Of Contents
Van Wert's Overall Cost Of Living
Lower Than The National Average
What is the cost of living in Van Wert, OH?
According to the most recent data on the cost of living, Van Wert has an overall cost of living index of 85, which is 0.8x lower than the national index of 100.
Compared to Ohio, Van Wert has a cost of living index that's 0.9x lower than Ohio's index of 91.
The standard of living in Van Wert ranks as #53 most affordable out of the 286 places we measured in Ohio. By definition, that implies Van Wert ranks as the #233 most expensive place in the Buckeye State.
For more reading on life in Van Wert, check out:
- Living In Van Wert
- Van Wert Crime Report
- Search Homes For Sale In Van Wert, OH
In Ohio
In America
Van Wert Cost Of Living Vs. Ohio
Six factors go into calculating the cost of living index in Van Wert. Here is how it fairs on each of the criteria:
The Services index in Van Wert is 99.
The Groceries index in Van Wert is 96.
The Health index in Van Wert is 115.
The Housing index in Van Wert is 52.
The Transportation index in Van Wert is 105.
The Utilities index in Van Wert is 87.
| Living Expense | Van Wert | Ohio | National Average | |
|---|---|---|---|---|
| Overall | 85 | 91 | 100 | |
| Services | 99 | 98 | 100 | |
| Groceries | 96 | 101 | 100 | |
| Health | 115 | 95 | 100 | |
| Housing | 52 | 73 | 100 | |
| Transportation | 105 | 98 | 100 | |
| Utilities | 87 | 93 | 100 | |
Van Wert, OH Housing Cost Breakdown
Housing swings affordability the most between places in Ohio, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2017-2021. The key points are:
The Median Home Value in Van Wert is $89,000.
The Median Rent in Van Wert is $692.
The Median Income in Van Wert is $47,811.
The Home Value To Income in Van Wert is 1.9x.
The Rent To Monthly Income in Van Wert is 0.17x.
| Statistic | Van Wert | Ohio | United States |
|---|---|---|---|
| Median Home Value | $89,000 | $159,900 | $244,900 |
| Median Rent | $692 | $870 | $1,163 |
| Median Income | $47,811 | $61,938 | $69,021 |
| Home Value To Income | 1.9x | 2.6x | 3.5x |
| Rent To Monthly Income | 0.17x | 0.17x | 0.2x |
Median Home Value
Median Rent
Median Income
Van Wert, OH Costs By Category
Detailed Van Wert Services Costs Vs. Ohio
Detailed Van Wert Groceries Costs Vs. Ohio
Detailed Van Wert Health Costs Vs. Ohio
Detailed Van Wert Transportation Costs Vs. Ohio
Detailed Van Wert Utilities Costs Vs. Ohio
Van Wert SnackAbility
/10
Cost Of Living In Cities Around Van Wert
The cost of living varies in the cities and towns around Van Wert. Here's a quick look at the cost of living in the most populous nearby places:
Sidney, OH has a cost of living index of 86, 1.0x Van Wert.
Defiance, OH has a cost of living index of 85, 1.0x Van Wert.
Celina, OH has a cost of living index of 87, 1.0x Van Wert.
| City | Population | Cost Of Living | Vs. Van Wert |
|---|---|---|---|
| Sidney, OH | 20,559 | 86 | 1.0x |
| Defiance, OH | 17,155 | 85 | 1.0x |
| Celina, OH | 10,890 | 87 | 1.0x |
| Wapakoneta, OH | 9,921 | 86 | 1.0x |
| Bryan, OH | 8,668 | 87 | 1.0x |
| St. Marys, OH | 8,311 | 88 | 1.0x |
| Delphos, OH | 7,165 | 87 | 1.0x |
| Union, OH | 6,832 | 89 | 1.0x |
| Ada, OH | 5,187 | 84 | 1.0x |
