Willowick, OH Cost Of Living
Cost Of Living In Willowick, OH Summary
Cost of living in Willowick 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 Willowick 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 Willowick is 90, with 100 being the average.
The cost of living index in Willowick is 0.9x lower than the national average.
Willowick ranks as the #137 cheapest in Ohio out of 286.
Willowick ranks as the #1,633 cheapest out of 6,412 in the US.
The median home value in Willowick is $127,000.
The median income in Willowick is $67,340.
Table Of Contents
Willowick's Overall Cost Of Living
Lower Than The National Average
What is the cost of living in Willowick, OH?
According to the most recent data on the cost of living, Willowick has an overall cost of living index of 90, which is 0.9x lower than the national index of 100.
Compared to Ohio, Willowick has a cost of living index that's 1.0x lower than Ohio's index of 91.
The standard of living in Willowick ranks as #137 most affordable out of the 286 places we measured in Ohio. By definition, that implies Willowick ranks as the #149 most expensive place in the Buckeye State.
For more reading on life in Willowick, check out:
- Living In Willowick
- Search Homes For Sale In Willowick, OH
In Ohio
In America
Willowick Cost Of Living Vs. Ohio
Six factors go into calculating the cost of living index in Willowick. Here is how it fairs on each of the criteria:
The Services index in Willowick is 101.
The Groceries index in Willowick is 105.
The Health index in Willowick is 110.
The Housing index in Willowick is 71.
The Transportation index in Willowick is 102.
The Utilities index in Willowick is 96.
| Living Expense | Willowick | Ohio | National Average | |
|---|---|---|---|---|
| Overall | 90 | 91 | 100 | |
| Services | 101 | 98 | 100 | |
| Groceries | 105 | 101 | 100 | |
| Health | 110 | 95 | 100 | |
| Housing | 71 | 73 | 100 | |
| Transportation | 102 | 98 | 100 | |
| Utilities | 96 | 93 | 100 | |
Willowick, 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 Willowick is $127,000.
The Median Rent in Willowick is $1,000.
The Median Income in Willowick is $67,340.
The Home Value To Income in Willowick is 1.9x.
The Rent To Monthly Income in Willowick is 0.18x.
| Statistic | Willowick | Ohio | United States |
|---|---|---|---|
| Median Home Value | $127,000 | $159,900 | $244,900 |
| Median Rent | $1,000 | $870 | $1,163 |
| Median Income | $67,340 | $61,938 | $69,021 |
| Home Value To Income | 1.9x | 2.6x | 3.5x |
| Rent To Monthly Income | 0.18x | 0.17x | 0.2x |
Median Home Value
Median Rent
Median Income
Willowick, OH Costs By Category
Detailed Willowick Services Costs Vs. Ohio
Detailed Willowick Groceries Costs Vs. Ohio
Detailed Willowick Health Costs Vs. Ohio
Detailed Willowick Transportation Costs Vs. Ohio
Detailed Willowick Utilities Costs Vs. Ohio
Willowick SnackAbility
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Cost Of Living In Cities Around Willowick
The cost of living varies in the cities and towns around Willowick. Here's a quick look at the cost of living in the most populous nearby places:
Euclid, OH has a cost of living index of 86, 1.0x Willowick.
Shaker Heights, OH has a cost of living index of 103, 1.1x Willowick.
Solon, OH has a cost of living index of 114, 1.3x Willowick.
| City | Population | Cost Of Living | Vs. Willowick |
|---|---|---|---|
| Euclid, OH | 49,382 | 86 | 1.0x |
| Shaker Heights, OH | 29,197 | 103 | 1.1x |
| Solon, OH | 24,070 | 114 | 1.3x |
| Willoughby, OH | 23,753 | 97 | 1.1x |
| Eastlake, OH | 17,743 | 93 | 1.0x |
| Lyndhurst, OH | 13,980 | 95 | 1.1x |
| University Heights, OH | 13,950 | 96 | 1.1x |
| Beachwood, OH | 13,806 | 116 | 1.3x |
| Wickliffe, OH | 12,688 | 93 | 1.0x |
| Richmond Heights, OH | 10,748 | 94 | 1.0x |
