Cost of living in Willard 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 Willard 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 Willard is 81, with 100 being the average.
The cost of living index in Willard is 0.8x lower than the national average.
Willard ranks as the #12 cheapest in Ohio out of 286.
Willard ranks as the #290 cheapest out of 6,412 in the US.
The median home value in Willard is $91,100.
The median income in Willard is $46,679.
According to the most recent data on the cost of living, Willard has an overall cost of living index of 81, which is 0.8x lower than the national index of 100.
Compared to Ohio, Willard has a cost of living index that's 0.9x lower than Ohio's index of 91.
The standard of living in Willard ranks as #12 most affordable out of the 286 places we measured in Ohio. By definition, that implies Willard ranks as the #274 most expensive place in the Buckeye State.
For more reading on life in Willard, check out:
Six factors go into calculating the cost of living index in Willard. Here is how it fairs on each of the criteria:
The Services index in Willard is 90.
The Groceries index in Willard is 105.
The Health index in Willard is 84.
The Housing index in Willard is 51.
The Transportation index in Willard is 94.
The Utilities index in Willard is 95.
Living Expense | Willard | Ohio | National Average | |
---|---|---|---|---|
Overall | 81 | 91 | 100 | |
Services | 90 | 98 | 100 | |
Groceries | 105 | 101 | 100 | |
Health | 84 | 95 | 100 | |
Housing | 51 | 73 | 100 | |
Transportation | 94 | 98 | 100 | |
Utilities | 95 | 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 Willard is $91,100.
The Median Rent in Willard is $774.
The Median Income in Willard is $46,679.
The Home Value To Income in Willard is 2.0x.
The Rent To Monthly Income in Willard is 0.2x.
Statistic | Willard | Ohio | United States |
---|---|---|---|
Median Home Value | $91,100 | $159,900 | $244,900 |
Median Rent | $774 | $870 | $1,163 |
Median Income | $46,679 | $61,938 | $69,021 |
Home Value To Income | 2.0x | 2.6x | 3.5x |
Rent To Monthly Income | 0.2x | 0.17x | 0.2x |
The cost of living varies in the cities and towns around Willard. Here's a quick look at the cost of living in the most populous nearby places:
Strongsville, OH has a cost of living index of 99, 1.2x Willard.
Brunswick, OH has a cost of living index of 98, 1.2x Willard.
North Ridgeville, OH has a cost of living index of 101, 1.2x Willard.
City | Population | Cost Of Living | Vs. Willard |
---|---|---|---|
Strongsville, OH | 46,187 | 99 | 1.2x |
Brunswick, OH | 35,272 | 98 | 1.2x |
North Ridgeville, OH | 34,883 | 101 | 1.2x |
Westlake, OH | 34,049 | 109 | 1.3x |
North Olmsted, OH | 32,371 | 96 | 1.2x |
Avon Lake, OH | 25,005 | 108 | 1.3x |
Avon, OH | 24,542 | 113 | 1.4x |
Olmsted Falls, OH | 8,684 | 94 | 1.2x |
Huron, OH | 6,950 | 91 | 1.1x |
Apple Valley, OH | 5,344 | 95 | 1.2x |