Cost of living in Youngstown 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 Youngstown 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 Youngstown is 82, with 100 being the average.
The cost of living index in Youngstown is 0.8x lower than the national average.
Youngstown ranks as the #20 cheapest in Ohio out of 286.
Youngstown ranks as the #377 cheapest out of 6,412 in the US.
The median home value in Youngstown is $48,600.
The median income in Youngstown is $31,020.
According to the most recent data on the cost of living, Youngstown has an overall cost of living index of 82, which is 0.8x lower than the national index of 100.
Compared to Ohio, Youngstown has a cost of living index that's 0.9x lower than Ohio's index of 91.
The standard of living in Youngstown ranks as #20 most affordable out of the 286 places we measured in Ohio. By definition, that implies Youngstown ranks as the #266 most expensive place in the Buckeye State.
For more reading on life in Youngstown, check out:
Six factors go into calculating the cost of living index in Youngstown. Here is how it fairs on each of the criteria:
The Services index in Youngstown is 102.
The Groceries index in Youngstown is 101.
The Health index in Youngstown is 103.
The Housing index in Youngstown is 38.
The Transportation index in Youngstown is 94.
The Utilities index in Youngstown is 102.
Living Expense | Youngstown | Ohio | National Average | |
---|---|---|---|---|
Overall | 82 | 91 | 100 | |
Services | 102 | 98 | 100 | |
Groceries | 101 | 101 | 100 | |
Health | 103 | 95 | 100 | |
Housing | 38 | 73 | 100 | |
Transportation | 94 | 98 | 100 | |
Utilities | 102 | 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 Youngstown is $48,600.
The Median Rent in Youngstown is $644.
The Median Income in Youngstown is $31,020.
The Home Value To Income in Youngstown is 1.6x.
The Rent To Monthly Income in Youngstown is 0.25x.
Statistic | Youngstown | Ohio | United States |
---|---|---|---|
Median Home Value | $48,600 | $159,900 | $244,900 |
Median Rent | $644 | $870 | $1,163 |
Median Income | $31,020 | $61,938 | $69,021 |
Home Value To Income | 1.6x | 2.6x | 3.5x |
Rent To Monthly Income | 0.25x | 0.17x | 0.2x |
Item | Youngstown | Ohio |
---|---|---|
Shampoo | $0.92 | $1.06 |
Movie | $8.01 | $10.68 |
Bowling | $13.77 | $14.67 |
Haircut | $17.39 | $18.62 |
Beauty Salon | $38.35 | $39.05 |
Item | Youngstown | Ohio |
---|---|---|
Ground Beef | $4.47 | $4.22 |
Fried Chicken | $1.52 | $1.39 |
Milk | $1.8 | $2.05 |
Potatoes | $3.34 | $3.29 |
Pizza | $9.96 | $10.62 |
Beer | $9.54 | $9.38 |
Toothpaste | $2.85 | $2.34 |
Item | Youngstown | Ohio |
---|---|---|
Optometrist | $121.64 | $108.57 |
Doctor | $119.89 | $116.17 |
Dentist | $106.05 | $99.13 |
Item | Youngstown | Ohio |
---|---|---|
Gasoline | $2.11 | $2.22 |
Tire Balancing | $46.73 | $50.07 |
Item | Youngstown | Ohio |
---|---|---|
All Electricity | $171.89 | $167.67 |
Phone | $178.76 | $175.64 |
The cost of living varies in the cities and towns around Youngstown. Here's a quick look at the cost of living in the most populous nearby places:
Niagara Falls, NY has a cost of living index of 81, 1.0x Youngstown.
North Tonawanda, NY has a cost of living index of 85, 1.0x Youngstown.
Lockport, NY has a cost of living index of 85, 1.0x Youngstown.
City | Population | Cost Of Living | Vs. Youngstown |
---|---|---|---|
Niagara Falls, NY | 48,763 | 81 | 1.0x |
North Tonawanda, NY | 30,592 | 85 | 1.0x |
Lockport, NY | 20,876 | 85 | 1.0x |
South Lockport, NY | 8,480 | 85 | 1.0x |