Cost of living in Sylvania 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 Sylvania 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 Sylvania is 92, with 100 being the average.
The cost of living index in Sylvania is 0.9x lower than the national average.
Sylvania ranks as the #163 cheapest in Ohio out of 286.
Sylvania ranks as the #1,974 cheapest out of 6,412 in the US.
The median home value in Sylvania is $189,400.
The median income in Sylvania is $88,246.
According to the most recent data on the cost of living, Sylvania has an overall cost of living index of 92, which is 0.9x lower than the national index of 100.
Compared to Ohio, Sylvania has a cost of living index that's 1.0x higher than Ohio's index of 91.
The standard of living in Sylvania ranks as #163 most affordable out of the 286 places we measured in Ohio. By definition, that implies Sylvania ranks as the #123 most expensive place in the Buckeye State.
For more reading on life in Sylvania, check out:
Six factors go into calculating the cost of living index in Sylvania. Here is how it fairs on each of the criteria:
The Services index in Sylvania is 99.
The Groceries index in Sylvania is 99.
The Health index in Sylvania is 98.
The Housing index in Sylvania is 89.
The Transportation index in Sylvania is 104.
The Utilities index in Sylvania is 87.
Living Expense | Sylvania | Ohio | National Average | |
---|---|---|---|---|
Overall | 92 | 91 | 100 | |
Services | 99 | 98 | 100 | |
Groceries | 99 | 101 | 100 | |
Health | 98 | 95 | 100 | |
Housing | 89 | 73 | 100 | |
Transportation | 104 | 98 | 100 | |
Utilities | 87 | 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 Sylvania is $189,400.
The Median Rent in Sylvania is $890.
The Median Income in Sylvania is $88,246.
The Home Value To Income in Sylvania is 2.1x.
The Rent To Monthly Income in Sylvania is 0.12x.
Statistic | Sylvania | Ohio | United States |
---|---|---|---|
Median Home Value | $189,400 | $159,900 | $244,900 |
Median Rent | $890 | $870 | $1,163 |
Median Income | $88,246 | $61,938 | $69,021 |
Home Value To Income | 2.1x | 2.6x | 3.5x |
Rent To Monthly Income | 0.12x | 0.17x | 0.2x |
The cost of living varies in the cities and towns around Sylvania. Here's a quick look at the cost of living in the most populous nearby places:
Toledo, OH has a cost of living index of 85, 0.9x Sylvania.
Perrysburg, OH has a cost of living index of 99, 1.1x Sylvania.
Oregon, OH has a cost of living index of 90, 1.0x Sylvania.
City | Population | Cost Of Living | Vs. Sylvania |
---|---|---|---|
Toledo, OH | 271,454 | 85 | 0.9x |
Perrysburg, OH | 24,633 | 99 | 1.1x |
Oregon, OH | 19,935 | 90 | 1.0x |
Maumee, OH | 13,915 | 91 | 1.0x |
Lambertville, MI | 10,049 | 94 | 1.0x |
Temperance, MI | 8,866 | 97 | 1.1x |
South Monroe, MI | 6,526 | 89 | 1.0x |
Rossford, OH | 6,330 | 90 | 1.0x |
Waterville, OH | 5,943 | 97 | 1.1x |
Northwood, OH | 5,195 | 90 | 1.0x |