Waterford, OH Cost of Living


0 Reviews



Download our custom City Report to see exclusive
data on cost of living, crime, climate, and more.

Waterford cost of living score
79.1
Less expensive
20.9% lower
than the US average
4.4% lower
than the Ohio average
Waterford, Ohio gets a BestPlaces Cost of Living score of 79.1, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 20.9% lower than the U.S. average and 4.4% higher than the average for Ohio.

Waterford, OH

Housing costs in Waterford?
A typical home costs $158,000, which is 53.3% less expensive than the national average of $338,100 and 19.8% less expensive than the average Ohio home, at $197,000. Renting a two-bedroom unit in Waterford costs $770 per month, which is 46.2% cheaper than the national average of $1,430 and 27.3% cheaper than the state average of $980.

Can I afford Waterford?
To live comfortably in Waterford, Ohio, a minimum annual income of $30,240 for a family, and $23,600 for a single person is recommended.

What does A.I. say about Waterford?
Waterford, OH is an affordable place to live, making it an attractive option for many. The overall cost of living in Waterford is 16% lower than the Ohio average and 14% lower than the national average. Food, transportation, and healthcare are all particularly affordable in Waterford due to its location in rural Appalachia. Housing costs are also quite low, with a median home price of just $78,000—significantly below national averages. All in all, Waterford is a great option for those looking for an affordable place to call home.
   Cost of living score
     CategoriesWaterfordOhioUnited States
  79.182.7100.0
  99.996.1100
  104.888.7100.0
  49.961.6100.0
  $158,000$197,000$338,100
  106.7%100.0%100.0%
  71.483.9100.0
  87.489.3100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
Compare Waterford, OH cost of living
Compare food, housing, utilities, and more in Waterford, Ohio to any other city in the US.