A+
3%
Overall NAT. AVG.
2%
Goods & Services NAT. AVG.
13%
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 Springdale Ohio National
Cost of living9792100
Goods & Services102100100
Groceries102101100
Health care10398100
Housing8773100
Transportation102100100
Utilities10099100

An Overview of Cost of Living in Springdale, OH

Understanding the cost of living in Springdale can help future residents assess whether their current financial situation aligns with the expenses they will encounter. It enables them to plan for potential changes in their budget and lifestyle. The Springdale cost of living index is 97, which is 3% lower than the national average. The cost of living index is calculated by taking into account multiple categories, which encompass both the cost of everyday expenditures and larger expenses as well.

In Springdale, 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 Springdale will resemble that of an average city, contributing to a manageable cost of living.

Is Springdale Affordable?

Is Springdale affordable? This is a pivotal question, especially when mulling over a move, as affordability carries substantial weight in your decision-making process. Factors such as the cost of living index (discussed earlier), housing expenses and income levels all contribute to a location's affordability. For instance, in Springdale, the median home price is 27.7% lower than the national average and monthly rent prices are 20.2% higher than the typical rates. Additionally, the median income levels play a role in affordability, with Springdale boasting a median household income of $56,474, 2.1% higher than the national average.

What Factors can Influence the Cost of Living in Springdale?

Urbanization: Urban areas with extensive amenities and job opportunities tend to have a higher cost of living due to increased demand for services and relocation, resulting in higher home prices and higher rents. Less densely populated rural areas, or areas with less demand tend to have fewer amenities and slower job growth, which results in a lower cost of living.

Healthcare: Healthcare costs and insurance premiums can undergo substantial fluctuations based on the city or state of residence. Elements such as the availability of healthcare facilities, out-of-pocket costs for medical consultations, dental expenses, prescription medication charges and specialized medical care fees all contribute to variations in the cost of living. In Springdale, healthcare costs are 2.7% higher than the national average.

Utilities: Much like any other costs, utility expenses can exhibit considerable variations, influenced by factors such as climate, available energy sources, geographic location and state regulations. The costs associated with electricity, water, heating, and waste disposal can vary significantly depending on the city or state in question. In Springdale, the utilities index stands at 0% equal to the national average.

Where is the Data From?

The Springdale 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 Springdale is 6% higher than the Ohio average
  • The cost of living in Springdale is 3% lower than the national average
  • Springdale housing is 13% 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 Springdale

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Compare Springdale, 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$67,074$5,590$1,565$2,012
      Renters$40,316$3,360$941$1,210
      A good indicator of the general affordability of housing in Springdale, OH, 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 Springdale, the median monthly income is $67,074 for those who own their own homes. Under the standard rule, that income level would allow for $1,565 to be budgeted for housing expenses each month, at the most. Renters, on the other hand, earn about $40,316, per the median income in the area. That would allow for renters to spend up to $941 on monthly rental expenses.

      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 Springdale National avg. Difference
      Haircut $25.13$24.263.6%
      Beauty Salon $37.93$45.5616.7%
      Toothpaste $3.60$3.702.7%
      Shampoo $1.27$1.280.6%
      Movie $14.35$12.1318.3%
      Bowling $17.56$18.002.5%

      Groceries

      Item Springdale National avg. Difference
      Ground Beef $5.91$5.841.2%
      Fried Chicken $1.72$1.579.1%
      Milk $4.80$4.672.7%
      Potatoes $5.05$4.932.3%
      Pizza $11.92$12.091.4%
      Beer $10.63$10.412.1%

      Health Care

      Item Springdale National avg. Difference
      Optometrist $105.42$125.6816.1%
      Doctor $159.40$135.7817.4%
      Dentist $106.67$113.295.8%
      Ibuprofen $10.68$10.650.3%
      Lipitor $497.02$468.606.1%

      Housing

      Item Springdale National avg. Difference
      Home Price $133,600.00$184,700.0027.7%
      Avg. Mortgage Payment $1,993.26$2,346.6915.1%
      Apartment Rent $1,141.00$949.0020.2%

      Transportation

      Item Springdale National avg. Difference
      Gasoline $3.27$3.465.6%
      Tire Balancing $73.09$59.9222.0%

      Utilities

      Item Springdale National avg. Difference
      All Electricity $197.10$193.991.6%
      Phone $186.48$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.
      Plainville, OH1531021.7%
      Dillonvale village, OH6458316.6%
      Elmwood Place, OH2,0718416.4%
      New Haven, OH3328515.0%
      New Haven CDP (Huron County), OH2828514.8%
      Springdale, OH11,201972.8%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      Kalaoa, HI11,19817372.6%
      Scottdale, GA11,1961065.9%
      Garden City, SC11,193982.5%
      Ridgefield, NJ11,20915352.5%
      Fulton, NY11,2098811.9%
      Springdale, OH11,201972.8%
      Date & Last Updated: This data reflects 2023 and was released from C2ER in January, 2024; this is the most current data available.