A+
5%
Overall NAT. AVG.
0%
Goods & Services NAT. AVG.
16%
Housing NAT. AVG.
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Date & Last Updated: This data reflects 2023 and was released from C2ER in January, 2024; this is the most current data available.
The cost of living index is based on a national average of 100. For example, if the cost of living is 90, then it is 10% lower than average. If the cost of living is 110, then it is 10% higher than average. The breakdown for each index is as follows: goods & services (33%), groceries (13%), health care (5%), housing (30%), transportation (9%) and utilities (10%). If the cost of living data was unavailable for this city, estimates based upon nearby cities were used.
Index Miamisburg Ohio National
Cost of living9592100
Goods & Services100100100
Groceries101101100
Health care10798100
Housing8473100
Transportation95100100
Utilities10299100

An Overview of Cost of Living in Miamisburg, OH

Knowing the cost of living in Miamisburg allows individuals to create a realistic budget. This helps them understand how their income will cover expenses and whether they need to make financial adjustments. The cost of living in any region can fluctuate due to various factors. To assess the cost of living consistently across different areas, a national average of 100 serves as the basis for the cost of living index. The cost of living in Miamisburg stands at 95, marking it 5% lower than the national average.

In Miamisburg, daily expenses such as food, housing, goods and services, transportation and health care are in line with comparable areas and about average when compared to all cities across the nation. This ensures that the cost of living in Miamisburg will resemble that of an average city, contributing to a manageable cost of living.

Is Miamisburg Affordable?

Wondering if Miamisburg is affordable? It's a question that often comes up when you're thinking about a new city since affordability can really shape your decisions. The cost of living index (covered earlier), housing expenses and income levels all play a part in the affordability equation. In Miamisburg, for example, the median home price is 18.1% lower than what folks pay nationally, and monthly rent is 10.6% lower than the usual rates. Plus, income levels matter too, with Miamisburg boasting a median household income of $69,717, which is 26% higher than the national average.

What Factors can Influence the Cost of Living in Miamisburg?

Healthcare: The costs associated with healthcare and insurance premiums can exhibit notable disparities based on the city or state of residence. Access to healthcare facilities, out-of-pocket expenses for medical appointments, dental care charges, prescription medication costs and specialized medical care expenses all contribute to variations in the cost of living. In Miamisburg, healthcare costs are 6.6% higher than the national average.

Urbanization: Urban areas with a wealth of amenities and employment opportunities tend to come with a higher price tag for living. Why? Well, more people want to be there, which drives up home prices and rents. On the flip side, less densely populated rural areas or places where there's not as much demand usually mean fewer attractions, things to do and slower job growth. That often results in a lower cost of living.

Groceries: Over the past 2-3 years, grocery expenses have experienced substantial upward trends. In certain markets, food prices have surged by over 20% during this period, while others have witnessed more modest increases. These fluctuations in food costs can wield significant influence over the overall cost of living in a given region. In Miamisburg, the groceries index is 1.2% higher than the national average.

Where is the Data From?

The Miamisburg cost of living data displayed above is derived from the C2ER cost of living index to provide a useful and reasonably accurate measure of living cost differences in urban areas. The index takes into account data from 300 independent researches, covering more than 60 goods and services across 6 different categories, to create an overall index for each area, with 100 being the average. The C2ER index does not include sales or income tax rates in their data, however AreaVibes does include both income and sales tax rates in the overall cost of living score for each area.

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Cost Of Living Quick Facts

  • The cost of living in Miamisburg is 4% higher than the Ohio average
  • The cost of living in Miamisburg is 5% lower than the national average
  • Miamisburg housing is 16% lower than the national average
  • Ohio general sales tax is 13% higher than the national average
  • Ohio state income tax is 6% higher than the national average

Most Affordable Places to Live in and Around Miamisburg

See all the best places to live around Miamisburg

Compare Miamisburg, OH Cost of Living

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      Salary Calculator

      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

      Median Income & Debt-To-Income Ratio

      Median Income Per Year Per Month Max Budget (28% DTI) Max Budget (36% DTI)
      Owners$81,094$6,758$1,892$2,433
      Renters$44,399$3,700$1,036$1,332
      The percent of monthly income spent on housing can be a good indicator of the affordability of housing in Miamisburg, OH, as well as the overall cost of living. As a general rule of thumb, the debt-to-income ratio (DTI) for homeowners or renters should be not more than 28 percent of gross income to be spent on housing related costs and not more than 36 percent of income on all expenses, including debts. The median income for Miamisburg homeowners, is $81,094. This would allow for a maximum of $1,892 per month to be spent on housing costs. For renters, the median monthly income is $44,399 which would result in a maximum of $1,036 to be spent on rental costs.

      Ohio Sales Tax

      State General Sales Tax With Max Surtax
      Ohio 5.75% 8%

      Ohio Income Tax

      State Income Tax (Low) Income Tax (High)
      Ohio 2.76% 3.99%

      Goods & Services

      Item Miamisburg National avg. Difference
      Haircut $21.00$24.2613.4%
      Beauty Salon $43.31$45.564.9%
      Toothpaste $3.57$3.703.5%
      Shampoo $1.30$1.281.5%
      Movie $12.84$12.135.8%
      Bowling $16.32$18.009.3%

      Groceries

      Item Miamisburg National avg. Difference
      Ground Beef $6.04$5.843.4%
      Fried Chicken $1.69$1.577.2%
      Milk $4.78$4.672.2%
      Potatoes $5.19$4.935.1%
      Pizza $13.11$12.098.5%
      Beer $10.57$10.411.6%

      Health Care

      Item Miamisburg National avg. Difference
      Optometrist $108.50$125.6813.7%
      Doctor $152.25$135.7812.1%
      Dentist $122.07$113.297.7%
      Ibuprofen $10.62$10.650.3%
      Lipitor $511.48$468.609.2%

      Housing

      Item Miamisburg National avg. Difference
      Home Price $151,200.00$184,700.0018.1%
      Avg. Mortgage Payment $1,810.14$2,346.6922.9%
      Apartment Rent $848.00$949.0010.6%

      Transportation

      Item Miamisburg National avg. Difference
      Gasoline $3.24$3.466.3%
      Tire Balancing $58.06$59.923.1%

      Utilities

      Item Miamisburg National avg. Difference
      All Electricity $202.76$193.994.5%
      Phone $186.57$192.253.0%
      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 Population Cost of Living Index National Avg.
      Centerville village, OH698118.9%
      Drexel, OH2,3208218.4%
      Highland Holiday, OH6778218.0%
      Dayton, OH140,4448515.2%
      Trotwood, OH24,4108614.1%
      Miamisburg, OH20,020954.7%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      Elmwood Park, NJ20,01913332.6%
      Oregon, OH20,007946.3%
      West Chester, PA20,03313029.6%
      Amherst Center, MA20,03712424.2%
      Punta Gorda, FL20,04412221.8%
      Miamisburg, OH20,020954.7%
      Date & Last Updated: This data reflects 2023 and was released from C2ER in January, 2024; this is the most current data available.