Springboro, OH Cost Of Living
Cost Of Living In Springboro, OH Summary
Cost of living in Springboro 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 Springboro 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 Springboro is 110, with 100 being the average.
The cost of living index in Springboro is 1.1x higher than the national average.
Springboro ranks as the #259 cheapest in Ohio out of 289.
Springboro ranks as the #3,657 cheapest out of 6,489 in the US.
The median home value in Springboro is $426,006.
The median income in Springboro is $112,872.
Table Of Contents
Springboro's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Springboro, OH?
According to the most recent data on the cost of living, Springboro has an overall cost of living index of 110, which is 1.1x higher than the national index of 100.
Compared to Ohio, Springboro has a cost of living index that's 1.2x higher than Ohio's index of 93.
The standard of living in Springboro ranks as #259 most affordable out of the 289 places we measured in Ohio. By definition, that implies Springboro ranks as the #30 most expensive place in the Buckeye State.
For more reading on life in Springboro, check out:
In Ohio
In America
Springboro Cost Of Living Vs. Ohio
Six factors go into calculating the cost of living index in Springboro. Here is how it fairs on each of the criteria:
The Services index in Springboro is 99.
The Groceries index in Springboro is 102.
The Health index in Springboro is 108.
The Housing index in Springboro is 128.
The Transportation index in Springboro is 97.
The Utilities index in Springboro is 103.
| Living Expense | Springboro | Ohio | National Average | |
|---|---|---|---|---|
| Overall | 110 | 93 | 100 | |
| Services | 99 | 101 | 100 | |
| Groceries | 102 | 103 | 100 | |
| Health | 108 | 97 | 100 | |
| Housing | 128 | 74 | 100 | |
| Transportation | 97 | 102 | 100 | |
| Utilities | 103 | 100 | 100 | |
Springboro, 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 Springboro is $426,006.
The Median Rent in Springboro is $1,378.
The Median Income in Springboro is $112,872.
The Home Value To Income in Springboro is 3.8x.
The Rent To Monthly Income in Springboro is 0.15x.
| Statistic | Springboro | Ohio | United States |
|---|---|---|---|
| Median Home Value | $426,006 | $240,287 | $303,400 |
| Median Rent | $1,378 | $988 | $1,348 |
| Median Income | $112,872 | $69,680 | $78,538 |
| Home Value To Income | 3.8x | 3.4x | 3.9x |
| Rent To Monthly Income | 0.15x | 0.17x | 0.21x |
Median Home Value
Median Rent
Median Income
Springboro, OH Costs By Category
Detailed Springboro Services Costs Vs. Ohio
| Item | Springboro | 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 Springboro Groceries Costs Vs. Ohio
| Item | Springboro | 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 Springboro Health Costs Vs. Ohio
| Item | Springboro | Ohio |
|---|---|---|
| Optometrist | $108.5 | $125.68 |
| Doctor | $152.25 | $135.78 |
| Dentist | $122.07 | $113.29 |
Detailed Springboro Transportation Costs Vs. Ohio
| Item | Springboro | Ohio |
|---|---|---|
| Gasoline | $3.24 | $3.46 |
| Tire Balancing | $58.06 | $59.92 |
Detailed Springboro Utilities Costs Vs. Ohio
| Item | Springboro | Ohio |
|---|---|---|
| All Electricity | $202.76 | $193.99 |
| Phone | $186.57 | $192.25 |
Springboro SnackAbility
/10
Cost Of Living In Cities Around Springboro
The cost of living varies in the cities and towns around Springboro. 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, 0.9x Springboro.
Middletown, OH has a cost of living index of 88, 0.8x Springboro.
Beavercreek, OH has a cost of living index of 104, 0.9x Springboro.
| City | Population | Cost Of Living | Vs. Springboro |
|---|---|---|---|
| Kettering, OH | 57,442 | 95 | 0.9x |
| Middletown, OH | 50,607 | 88 | 0.8x |
| Beavercreek, OH | 46,787 | 104 | 0.9x |
| Mason, OH | 35,148 | 121 | 1.1x |
| Centerville, OH | 24,815 | 101 | 0.9x |
| Miamisburg, OH | 19,859 | 97 | 0.9x |
| West Carrollton, OH | 13,008 | 92 | 0.8x |
| Franklin, OH | 11,670 | 90 | 0.8x |
| Beckett Ridge, OH | 9,451 | 112 | 1.0x |
| Landen, OH | 8,041 | 107 | 1.0x |
