Germantown, OH Cost Of Living
Cost Of Living In Germantown, OH Summary
Cost of living in Germantown 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 Germantown 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 Germantown is 95, with 100 being the average.
The cost of living index in Germantown is 0.9x lower than the national average.
Germantown ranks as the #175 cheapest in Ohio out of 289.
Germantown ranks as the #1,954 cheapest out of 6,489 in the US.
The median home value in Germantown is $261,705.
The median income in Germantown is $84,307.
Table Of Contents
Germantown's Overall Cost Of Living
Lower Than The National Average
What is the cost of living in Germantown, OH?
According to the most recent data on the cost of living, Germantown has an overall cost of living index of 95, which is 0.9x lower than the national index of 100.
Compared to Ohio, Germantown has a cost of living index that's 1.0x higher than Ohio's index of 93.
The standard of living in Germantown ranks as #175 most affordable out of the 289 places we measured in Ohio. By definition, that implies Germantown ranks as the #114 most expensive place in the Buckeye State.
For more reading on life in Germantown, check out:
In Ohio
In America
Germantown Cost Of Living Vs. Ohio
Six factors go into calculating the cost of living index in Germantown. Here is how it fairs on each of the criteria:
The Services index in Germantown is 98.
The Groceries index in Germantown is 103.
The Health index in Germantown is 108.
The Housing index in Germantown is 79.
The Transportation index in Germantown is 96.
The Utilities index in Germantown is 103.
| Living Expense | Germantown | Ohio | National Average | |
|---|---|---|---|---|
| Overall | 95 | 93 | 100 | |
| Services | 98 | 101 | 100 | |
| Groceries | 103 | 103 | 100 | |
| Health | 108 | 97 | 100 | |
| Housing | 79 | 74 | 100 | |
| Transportation | 96 | 102 | 100 | |
| Utilities | 103 | 100 | 100 | |
Germantown, 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 2019-2023. The key points are:
The Median Home Value in Germantown is $261,705.
The Median Rent in Germantown is $937.
The Median Income in Germantown is $84,307.
The Home Value To Income in Germantown is 3.1x.
The Rent To Monthly Income in Germantown is 0.13x.
| Statistic | Germantown | Ohio | United States |
|---|---|---|---|
| Median Home Value | $261,705 | $240,287 | $303,400 |
| Median Rent | $937 | $988 | $1,348 |
| Median Income | $84,307 | $69,680 | $78,538 |
| Home Value To Income | 3.1x | 3.4x | 3.9x |
| Rent To Monthly Income | 0.13x | 0.17x | 0.21x |
Median Home Value
Median Rent
Median Income
Germantown, OH Costs By Category
Detailed Germantown Services Costs Vs. Ohio
| Item | Germantown | Ohio |
|---|---|---|
| Shampoo | $1.3 | $1.28 |
| Movie | $12.84 | $12.13 |
| Bowling | $16.32 | $18 |
| Haircut | $21.0 | $24.26 |
| Beauty Salon | $43.31 | $45.56 |
Detailed Germantown Groceries Costs Vs. Ohio
| Item | Germantown | Ohio |
|---|---|---|
| Ground Beef | $6.04 | $5.84 |
| Fried Chicken | $1.69 | $1.57 |
| Milk | $4.78 | $4.67 |
| Potatoes | $5.19 | $4.93 |
| Pizza | $13.11 | $12.09 |
| Beer | $10.57 | $10.41 |
| Toothpaste | $3.57 | $3.7 |
Detailed Germantown Health Costs Vs. Ohio
| Item | Germantown | Ohio |
|---|---|---|
| Optometrist | $108.5 | $125.68 |
| Doctor | $152.25 | $135.78 |
| Dentist | $122.07 | $113.29 |
Detailed Germantown Transportation Costs Vs. Ohio
| Item | Germantown | Ohio |
|---|---|---|
| Gasoline | $3.24 | $3.46 |
| Tire Balancing | $58.06 | $59.92 |
Detailed Germantown Utilities Costs Vs. Ohio
| Item | Germantown | Ohio |
|---|---|---|
| All Electricity | $202.76 | $193.99 |
| Phone | $186.57 | $192.25 |
Germantown SnackAbility
/10
Cost Of Living In Cities Around Germantown
The cost of living varies in the cities and towns around Germantown. Here's a quick look at the cost of living in the most populous nearby places:
Kettering, OH has a cost of living index of 95, 1.0x Germantown.
Beavercreek, OH has a cost of living index of 104, 1.1x Germantown.
Mason, OH has a cost of living index of 121, 1.3x Germantown.
| City | Population | Cost Of Living | Vs. Germantown |
|---|---|---|---|
| Kettering, OH | 57,442 | 95 | 1.0x |
| Beavercreek, OH | 46,787 | 104 | 1.1x |
| Mason, OH | 35,148 | 121 | 1.3x |
| Centerville, OH | 24,815 | 101 | 1.1x |
| Lebanon, OH | 21,216 | 102 | 1.1x |
| Miamisburg, OH | 19,859 | 97 | 1.0x |
| Springboro, OH | 19,577 | 110 | 1.2x |
| Trenton, OH | 13,304 | 98 | 1.0x |
| West Carrollton, OH | 13,008 | 92 | 1.0x |
| Franklin, OH | 11,670 | 90 | 0.9x |
