Willoughby, OH Cost Of Living
Cost Of Living In Willoughby, OH Summary
Cost of living in Willoughby 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 Willoughby 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 Willoughby is 95, with 100 being the average.
The cost of living index in Willoughby is 0.9x lower than the national average.
Willoughby ranks as the #175 cheapest in Ohio out of 289.
Willoughby ranks as the #1,954 cheapest out of 6,489 in the US.
The median home value in Willoughby is $239,734.
The median income in Willoughby is $70,884.
Table Of Contents
Willoughby's Overall Cost Of Living
Lower Than The National Average
What is the cost of living in Willoughby, OH?
According to the most recent data on the cost of living, Willoughby has an overall cost of living index of 95, which is 0.9x lower than the national index of 100.
Compared to Ohio, Willoughby has a cost of living index that's 1.0x higher than Ohio's index of 93.
The standard of living in Willoughby ranks as #175 most affordable out of the 289 places we measured in Ohio. By definition, that implies Willoughby ranks as the #114 most expensive place in the Buckeye State.
For more reading on life in Willoughby, check out:
In Ohio
In America
Willoughby Cost Of Living Vs. Ohio
Six factors go into calculating the cost of living index in Willoughby. Here is how it fairs on each of the criteria:
The Services index in Willoughby is 93.
The Groceries index in Willoughby is 102.
The Health index in Willoughby is 96.
The Housing index in Willoughby is 90.
The Transportation index in Willoughby is 100.
The Utilities index in Willoughby is 103.
| Living Expense | Willoughby | Ohio | National Average | |
|---|---|---|---|---|
| Overall | 95 | 93 | 100 | |
| Services | 93 | 101 | 100 | |
| Groceries | 102 | 103 | 100 | |
| Health | 96 | 97 | 100 | |
| Housing | 90 | 74 | 100 | |
| Transportation | 100 | 102 | 100 | |
| Utilities | 103 | 100 | 100 | |
Willoughby, 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 Willoughby is $239,734.
The Median Rent in Willoughby is $1,147.
The Median Income in Willoughby is $70,884.
The Home Value To Income in Willoughby is 3.4x.
The Rent To Monthly Income in Willoughby is 0.19x.
| Statistic | Willoughby | Ohio | United States |
|---|---|---|---|
| Median Home Value | $239,734 | $240,287 | $303,400 |
| Median Rent | $1,147 | $988 | $1,348 |
| Median Income | $70,884 | $69,680 | $78,538 |
| Home Value To Income | 3.4x | 3.4x | 3.9x |
| Rent To Monthly Income | 0.19x | 0.17x | 0.21x |
Median Home Value
Median Rent
Median Income
Willoughby, OH Costs By Category
Detailed Willoughby Services Costs Vs. Ohio
| Item | Willoughby | Ohio |
|---|---|---|
| Shampoo | $1.45 | $1.28 |
| Movie | $11.6 | $12.13 |
| Bowling | $18.27 | $18 |
| Haircut | $23.67 | $24.26 |
| Beauty Salon | $35.31 | $45.56 |
Detailed Willoughby Groceries Costs Vs. Ohio
| Item | Willoughby | Ohio |
|---|---|---|
| Ground Beef | $5.46 | $5.84 |
| Fried Chicken | $1.39 | $1.57 |
| Milk | $4.57 | $4.67 |
| Potatoes | $5.38 | $4.93 |
| Pizza | $9.98 | $12.09 |
| Beer | $10.51 | $10.41 |
| Toothpaste | $3.68 | $3.7 |
Detailed Willoughby Health Costs Vs. Ohio
| Item | Willoughby | Ohio |
|---|---|---|
| Optometrist | $103.58 | $125.68 |
| Doctor | $119.67 | $135.78 |
| Dentist | $109.73 | $113.29 |
Detailed Willoughby Transportation Costs Vs. Ohio
| Item | Willoughby | Ohio |
|---|---|---|
| Gasoline | $3.41 | $3.46 |
| Tire Balancing | $57.76 | $59.92 |
Detailed Willoughby Utilities Costs Vs. Ohio
| Item | Willoughby | Ohio |
|---|---|---|
| All Electricity | $205.88 | $193.99 |
| Phone | $186.78 | $192.25 |
Willoughby SnackAbility
/10
Cost Of Living In Cities Around Willoughby
The cost of living varies in the cities and towns around Willoughby. Here's a quick look at the cost of living in the most populous nearby places:
Mentor, OH has a cost of living index of 98, 1.0x Willoughby.
Cleveland Heights, OH has a cost of living index of 92, 1.0x Willoughby.
Shaker Heights, OH has a cost of living index of 106, 1.1x Willoughby.
| City | Population | Cost Of Living | Vs. Willoughby |
|---|---|---|---|
| Mentor, OH | 47,215 | 98 | 1.0x |
| Cleveland Heights, OH | 44,694 | 92 | 1.0x |
| Shaker Heights, OH | 29,004 | 106 | 1.1x |
| Solon, OH | 23,970 | 113 | 1.2x |
| Eastlake, OH | 17,538 | 89 | 0.9x |
| Willowick, OH | 14,182 | 90 | 0.9x |
| Lyndhurst, OH | 13,854 | 95 | 1.0x |
| Beachwood, OH | 13,850 | 117 | 1.2x |
| University Heights, OH | 13,508 | 99 | 1.0x |
| Wickliffe, OH | 12,639 | 90 | 0.9x |
