Cost Of Living in Wapakoneta, OH

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	Wapakoneta	Ohio	National
Cost of living	94	92	100
Goods & Services	105	100	100
Groceries	102	101	100
Health care	112	98	100
Housing	65	73	100
Transportation	117	100	100
Utilities	101	99	100

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Cost Of Living Quick Facts

The cost of living in Wapakoneta is 2% higher than the Ohio average
The cost of living in Wapakoneta is 6% lower than the national average
Wapakoneta housing is 35% 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

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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	$62,467	$5,206	$1,457	$1,874
Renters	$40,441	$3,370	$944	$1,213

The affordability of the housing market in Wapakoneta, OH as well as the overall cost of living can be predicted by what percent of the monthly income is spent on housing related costs. This is konwn as the debt-to-income ratio (DTI). The overall rule of thumb is that no more than 28% of your gross income should be spent on the overall costs related to housing and no more than 36% of gross income on all expenses and debts. Among Wapakoneta homeowners, the median income is $62,467. This indicates that a monthly maximum of $1,457 should be spent by homeowners on all housing related costs. Renters have a median income of $40,441. This indicates that renters would have a maximum of $944 for their rent related monthly 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	Wapakoneta	National avg.	Difference
Haircut	$30.92	$24.26	27.4%
Beauty Salon	$47.35	$45.56	3.9%
Toothpaste	$3.76	$3.70	1.4%
Shampoo	$1.38	$1.28	7.6%
Movie	$13.39	$12.13	10.4%
Bowling	$16.98	$18.00	5.7%

Groceries

Item	Wapakoneta	National avg.	Difference
Ground Beef	$4.95	$5.84	15.2%
Fried Chicken	$1.73	$1.57	9.7%
Milk	$4.62	$4.67	1.0%
Potatoes	$5.06	$4.93	2.5%
Pizza	$12.96	$12.09	7.2%
Beer	$10.31	$10.41	1.0%

Health Care

Item	Wapakoneta	National avg.	Difference
Optometrist	$98.91	$125.68	21.3%
Doctor	$195.55	$135.78	44.0%
Dentist	$109.86	$113.29	3.0%
Ibuprofen	$10.77	$10.65	1.1%
Lipitor	$511.43	$468.60	9.1%

Housing

Item	Wapakoneta	National avg.	Difference
Home Price	$112,200.00	$184,700.00	39.3%
Avg. Mortgage Payment	$2,211.29	$2,346.69	5.8%
Apartment Rent	$702.00	$949.00	26.0%

Transportation

Item	Wapakoneta	National avg.	Difference
Gasoline	$3.48	$3.46	0.4%
Tire Balancing	$93.87	$59.92	56.7%

Utilities

Item	Wapakoneta	National avg.	Difference
All Electricity	$200.81	$193.99	3.5%
Phone	$185.74	$192.25	3.4%

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.
St. Johns, OH	178	85	14.7%
Uniopolis, OH	315	87	13.3%
Elgin, OH	143	88	12.3%
Lima, OH	36,908	89	11.5%
Lakeview, OH	1,140	90	10.0%
Wapakoneta, OH	9,662	94	6.4%

Cities with similar population

City	Population	Cost of Living Index	National Avg.
Farnham, QC	9,662	n/a
Clarksville, AR	9,661	89	10.9%
Hope, AR	9,668	84	16.3%
Key Largo, FL	9,670	141	40.9%
West Perrine, FL	9,653	109	8.8%
Wapakoneta, OH	9,662	94	6.4%

Date & Last Updated: This data reflects 2023 and was released from C2ER in January, 2024; this is the most current data available.

Cost of Living in Wapakoneta, OH