Cambridge, OH is a small city located between Cambridge and Zanesville in Guernsey County. Despite its relatively small population, the cost of living in Cambridge is surprisingly affordable. The average rent for a two bedroom apartment is roughly $520, which is significantly lower than the national average of $1,430. Additionally, the grocery cost index in Cambridge is about 95 while the US index stands at 100, further indicating an overall low cost of living.
Those seeking to live in Cambridge can take advantage of local businesses such as Riesbeck Food Markets, Carothers Funeral Home & Crematory Inc., and VFW Post 2901. Riesbeck Food Markets offers a variety of fresh produce and groceries while Carothers Funeral Home & Crematory Inc. provides excellent funeral services for those who lost their loved ones. Veterans are able to enjoy the services provided by VFW Post 2901 which was established to serve veterans with respect and dignity.
Cambridge has an unemployment rate of 5.3%. The US average is 6.0%.
Cambridge has seen the job market decrease by -0.1% over the last year. Future job growth over the next ten years is predicted to be 18.7%, which is lower than the US average of 33.5%.
Tax Rates for Cambridge
- The Sales Tax Rate for Cambridge is 7.3%. The US average is 7.3%.
- The Income Tax Rate for Cambridge is 5.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Cambridge
- The average income of a Cambridge resident is $19,173 a year. The US average is $28,555 a year.
- The Median household income of a Cambridge resident is $35,798 a year. The US average is $69,021 a year.