Wadsworth, OH Cost Of Living
Cost Of Living In Wadsworth, OH Summary
Cost of living in Wadsworth 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 Wadsworth 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 Wadsworth is 97, with 100 being the average.
The cost of living index in Wadsworth is 1.0x lower than the national average.
Wadsworth ranks as the #219 cheapest in Ohio out of 286.
Wadsworth ranks as the #2,747 cheapest out of 6,412 in the US.
The median home value in Wadsworth is $183,600.
The median income in Wadsworth is $68,183.
Table Of Contents
Wadsworth's Overall Cost Of Living
Lower Than The National Average
What is the cost of living in Wadsworth, OH?
According to the most recent data on the cost of living, Wadsworth has an overall cost of living index of 97, which is 1.0x lower than the national index of 100.
Compared to Ohio, Wadsworth has a cost of living index that's 1.1x higher than Ohio's index of 91.
The standard of living in Wadsworth ranks as #219 most affordable out of the 286 places we measured in Ohio. By definition, that implies Wadsworth ranks as the #67 most expensive place in the Buckeye State.
For more reading on life in Wadsworth, check out:
- Living In Wadsworth
- Wadsworth Crime Report
- Search Homes For Sale In Wadsworth, OH
In Ohio
In America
Wadsworth Cost Of Living Vs. Ohio
Six factors go into calculating the cost of living index in Wadsworth. Here is how it fairs on each of the criteria:
The Services index in Wadsworth is 102.
The Groceries index in Wadsworth is 104.
The Health index in Wadsworth is 103.
The Housing index in Wadsworth is 85.
The Transportation index in Wadsworth is 96.
The Utilities index in Wadsworth is 100.
| Living Expense | Wadsworth | Ohio | National Average | |
|---|---|---|---|---|
| Overall | 97 | 91 | 100 | |
| Services | 102 | 98 | 100 | |
| Groceries | 104 | 101 | 100 | |
| Health | 103 | 95 | 100 | |
| Housing | 85 | 73 | 100 | |
| Transportation | 96 | 98 | 100 | |
| Utilities | 100 | 93 | 100 | |
Wadsworth, 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 Wadsworth is $183,600.
The Median Rent in Wadsworth is $909.
The Median Income in Wadsworth is $68,183.
The Home Value To Income in Wadsworth is 2.7x.
The Rent To Monthly Income in Wadsworth is 0.16x.
| Statistic | Wadsworth | Ohio | United States |
|---|---|---|---|
| Median Home Value | $183,600 | $159,900 | $244,900 |
| Median Rent | $909 | $870 | $1,163 |
| Median Income | $68,183 | $61,938 | $69,021 |
| Home Value To Income | 2.7x | 2.6x | 3.5x |
| Rent To Monthly Income | 0.16x | 0.17x | 0.2x |
Median Home Value
Median Rent
Median Income
Wadsworth, OH Costs By Category
Detailed Wadsworth Services Costs Vs. Ohio
Detailed Wadsworth Groceries Costs Vs. Ohio
Detailed Wadsworth Health Costs Vs. Ohio
Detailed Wadsworth Transportation Costs Vs. Ohio
Detailed Wadsworth Utilities Costs Vs. Ohio
Wadsworth SnackAbility
/10
Cost Of Living In Cities Around Wadsworth
The cost of living varies in the cities and towns around Wadsworth. Here's a quick look at the cost of living in the most populous nearby places:
Cuyahoga Falls, OH has a cost of living index of 90, 0.9x Wadsworth.
Brunswick, OH has a cost of living index of 98, 1.0x Wadsworth.
Stow, OH has a cost of living index of 99, 1.0x Wadsworth.
| City | Population | Cost Of Living | Vs. Wadsworth |
|---|---|---|---|
| Cuyahoga Falls, OH | 50,906 | 90 | 0.9x |
| Brunswick, OH | 35,272 | 98 | 1.0x |
| Stow, OH | 34,556 | 99 | 1.0x |
| North Royalton, OH | 31,150 | 101 | 1.0x |
| Green, OH | 27,267 | 99 | 1.0x |
| Barberton, OH | 25,309 | 88 | 0.9x |
| Tallmadge, OH | 18,409 | 96 | 1.0x |
| New Franklin, OH | 13,913 | 91 | 0.9x |
| Norton, OH | 11,697 | 95 | 1.0x |
| Fairlawn, OH | 7,697 | 99 | 1.0x |
