![]() Both come with a higher cost of living than the metro area, but this higher cost comes with numerous benefits that make it worthwhile. Oakwood and Centerville are two of the most established and desirable suburbs in the Dayton area. While areas like Downtown Dayton, the Oregon District, and Pheasant Hill will have above average costs of living, neighborhoods like South Park are still desirable but more affordable.Ĭheck out our guide to Dayton’s neighborhoods to learn more about some of the most popular places to live in Dayton metro. Dayton Metroĭayton Metro has the lowest cost of living index score on the map, primarily thanks to the range of neighborhoods within the metro area. Let’s focus in on some of the most popular areas in and near Dayton to see what the cost of living is like in each. As you can see on the map from Best Places below, even within the Dayton area, you’ll find quite a range in the cost of living index score. Your cost of living in the Dayton area will depend quite a bit on where exactly you choose to live. Dayton has recently been named the #1 city in the country for rising tech talent and is home to two of the area’s largest healthcare systems: Kettering Health and Premier Health.ĭayton is also a city of great neighborhoods and surrounding suburbs. Payscale reports that Dayton’s cost of living is 9% lower than the overall national average.ĭayton’s affordability is what makes it such an attractive place to live and work, especially given the many top careers it offers, particularly in areas like healthcare and technology, and at the Wright-Patterson Air Force Base (Ohio’s largest single-site employer). Best Places gives it an overall score of 71.4, making it more affordable even than the state of Ohio’s average (82.6). Overall, the cost of living in Dayton, Ohio is lower than the national average. ![]() What is the cost of living in Dayton, Ohio? In most cases, the national average cost of living is assigned the number 100, and cities are scored based on their comparison to that number. The Missouri Economic Research and Information Center created a color-coded map where you can easily see how cost of living affordability shakes out throughout the country: While they might use different methods, these indexes generally agree on the areas that are more and less affordable across the United States. Missouri Economic Research and Information Center.Bureau of Labor Statistics Consumer Price Index The Council for Community and Economic Research Cost of Living Index.There is no one “official” cost of living index and varied methodologies are used to calculate them, but you can find some reliable resources in the following places: You can compare the cost of living from one place to another using a cost of living index, which tracks and measures many data points related to income and cost to determine the cost of living in a particular area. ![]() This disparity indicates a difference in the cost of living. Someone with the same position in Birmingham, Alabama earns a median salary of $57, 449. For example: the median salary for a public school teacher in Los Angeles, California is $68, 625. Average income, even for the very same job, varies by city and state. It takes into account every kind of necessary living expense: mortgage or rent, groceries, taxes, transportation, education, healthcare, entertainment and more.Ĭost of living calculations are based heavily on how income levels compare to the cost of goods, services, and housing in that location. What does cost of living mean?Ĭost of living is the amount of money you need to maintain a particular lifestyle in a specific place. In this article, we’ll take a look at what it really means to evaluate your cost of living, then dive into cost of living scores for the Dayton metro and some of its most popular suburbs. We’ve got good news: Dayton is one of the most affordable cities in Ohio and the United States.Īt the same time, it offers some of the best career opportunities, neighborhoods, outdoor green spaces, and community atmospheres you could ask for in a big city! ![]() Are you thinking about moving to the Dayton area? Like any smart homebuyer, you’re likely wondering about the cost of living in Dayton, Ohio compared to where you live now.
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