Cost of living in Wellston 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 Wellston 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 Wellston is 81, with 100 being the average.
The cost of living index in Wellston is 0.8x lower than the national average.
Wellston ranks as the #12 cheapest in Ohio out of 286.
Wellston ranks as the #290 cheapest out of 6,412 in the US.
The median home value in Wellston is $91,700.
The median income in Wellston is $44,875.
According to the most recent data on the cost of living, Wellston has an overall cost of living index of 81, which is 0.8x lower than the national index of 100.
Compared to Ohio, Wellston has a cost of living index that's 0.9x lower than Ohio's index of 91.
The standard of living in Wellston ranks as #12 most affordable out of the 286 places we measured in Ohio. By definition, that implies Wellston ranks as the #274 most expensive place in the Buckeye State.
For more reading on life in Wellston, check out:
Six factors go into calculating the cost of living index in Wellston. Here is how it fairs on each of the criteria:
The Services index in Wellston is 96.
The Groceries index in Wellston is 96.
The Health index in Wellston is 94.
The Housing index in Wellston is 50.
The Transportation index in Wellston is 101.
The Utilities index in Wellston is 85.
Living Expense | Wellston | Ohio | National Average | |
---|---|---|---|---|
Overall | 81 | 91 | 100 | |
Services | 96 | 98 | 100 | |
Groceries | 96 | 101 | 100 | |
Health | 94 | 95 | 100 | |
Housing | 50 | 73 | 100 | |
Transportation | 101 | 98 | 100 | |
Utilities | 85 | 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 Wellston is $91,700.
The Median Rent in Wellston is $399.
The Median Income in Wellston is $44,875.
The Home Value To Income in Wellston is 2.0x.
The Rent To Monthly Income in Wellston is 0.11x.
Statistic | Wellston | Ohio | United States |
---|---|---|---|
Median Home Value | $91,700 | $159,900 | $244,900 |
Median Rent | $399 | $870 | $1,163 |
Median Income | $44,875 | $61,938 | $69,021 |
Home Value To Income | 2.0x | 2.6x | 3.5x |
Rent To Monthly Income | 0.11x | 0.17x | 0.2x |
The cost of living varies in the cities and towns around Wellston. Here's a quick look at the cost of living in the most populous nearby places:
Lancaster, OH has a cost of living index of 86, 1.1x Wellston.
Athens, OH has a cost of living index of 93, 1.1x Wellston.
Centerville, OH has a cost of living index of 98, 1.2x Wellston.
City | Population | Cost Of Living | Vs. Wellston |
---|---|---|---|
Lancaster, OH | 40,360 | 86 | 1.1x |
Athens, OH | 24,507 | 93 | 1.1x |
Centerville, OH | 24,281 | 98 | 1.2x |
Ashland, KY | 21,695 | 83 | 1.0x |
Circleville, OH | 13,933 | 87 | 1.1x |
Ironton, OH | 10,647 | 83 | 1.0x |
Logan, OH | 7,010 | 82 | 1.0x |
Wheelersburg, OH | 6,349 | 87 | 1.1x |
Jackson, OH | 6,225 | 85 | 1.0x |