Cost of living in Coshocton 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 Coshocton 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 Coshocton is 80, with 100 being the average.
The cost of living index in Coshocton is 0.8x lower than the national average.
Coshocton ranks as the #5 cheapest in Ohio out of 286.
Coshocton ranks as the #211 cheapest out of 6,412 in the US.
The median home value in Coshocton is $86,400.
The median income in Coshocton is $45,884.
According to the most recent data on the cost of living, Coshocton has an overall cost of living index of 80, which is 0.8x lower than the national index of 100.
Compared to Ohio, Coshocton has a cost of living index that's 0.9x lower than Ohio's index of 91.
The standard of living in Coshocton ranks as #5 most affordable out of the 286 places we measured in Ohio. By definition, that implies Coshocton ranks as the #281 most expensive place in the Buckeye State.
For more reading on life in Coshocton, check out:
Six factors go into calculating the cost of living index in Coshocton. Here is how it fairs on each of the criteria:
The Services index in Coshocton is 91.
The Groceries index in Coshocton is 101.
The Health index in Coshocton is 88.
The Housing index in Coshocton is 50.
The Transportation index in Coshocton is 91.
The Utilities index in Coshocton is 93.
Living Expense | Coshocton | Ohio | National Average | |
---|---|---|---|---|
Overall | 80 | 91 | 100 | |
Services | 91 | 98 | 100 | |
Groceries | 101 | 101 | 100 | |
Health | 88 | 95 | 100 | |
Housing | 50 | 73 | 100 | |
Transportation | 91 | 98 | 100 | |
Utilities | 93 | 93 | 100 |
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 2017-2021. The key points are:
The Median Home Value in Coshocton is $86,400.
The Median Rent in Coshocton is $647.
The Median Income in Coshocton is $45,884.
The Home Value To Income in Coshocton is 1.9x.
The Rent To Monthly Income in Coshocton is 0.17x.
Statistic | Coshocton | Ohio | United States |
---|---|---|---|
Median Home Value | $86,400 | $159,900 | $244,900 |
Median Rent | $647 | $870 | $1,163 |
Median Income | $45,884 | $61,938 | $69,021 |
Home Value To Income | 1.9x | 2.6x | 3.5x |
Rent To Monthly Income | 0.17x | 0.17x | 0.2x |
The cost of living varies in the cities and towns around Coshocton. Here's a quick look at the cost of living in the most populous nearby places:
Wooster, OH has a cost of living index of 84, 1.1x Coshocton.
North Canton, OH has a cost of living index of 91, 1.1x Coshocton.
New Philadelphia, OH has a cost of living index of 90, 1.1x Coshocton.
City | Population | Cost Of Living | Vs. Coshocton |
---|---|---|---|
Wooster, OH | 26,753 | 84 | 1.1x |
North Canton, OH | 17,884 | 91 | 1.1x |
New Philadelphia, OH | 17,622 | 90 | 1.1x |
Pataskala, OH | 17,598 | 95 | 1.2x |
New Franklin, OH | 13,913 | 91 | 1.1x |
Dover, OH | 13,083 | 93 | 1.2x |
Orrville, OH | 8,369 | 91 | 1.1x |
Rittman, OH | 6,153 | 88 | 1.1x |
Granville, OH | 5,675 | 111 | 1.4x |
Apple Valley, OH | 5,344 | 95 | 1.2x |