A+
16%
Overall NAT. AVG.
8%
Goods & Services NAT. AVG.
45%
Housing NAT. AVG.
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Date & Last Updated: This data reflects 2023 and was released from C2ER in January, 2024; this is the most current data available.
The cost of living index is based on a national average of 100. For example, if the cost of living is 90, then it is 10% lower than average. If the cost of living is 110, then it is 10% higher than average. The breakdown for each index is as follows: goods & services (33%), groceries (13%), health care (5%), housing (30%), transportation (9%) and utilities (10%). If the cost of living data was unavailable for this city, estimates based upon nearby cities were used.
Index Alliance Ohio National
Cost of living8492100
Goods & Services92100100
Groceries101101100
Health care9598100
Housing5573100
Transportation98100100
Utilities10399100

An Overview of Cost of Living in Alliance, OH

Are you thinking about relocating, but curious about the potential cost of living in Alliance? Is it more expensive or more affordable than average? Based on the most recent report, the cost of living in Alliance stands at 84, making it 16% lower than the national average. The cost of living directly affects the affordability of one's desired lifestyle. Knowing the cost of housing, transportation, groceries and other essentials in the new area allows people to gauge whether they can maintain their preferred standard of living.

Housing costs often consume a significant share of your take-home income, often surpassing 30%. Fortunately, Alliance distinguishes itself by reporting housing expenses that are 45.4% below the national average. This indicates that both owning a home and renting in this area are notably more budget-friendly compared to the rest of the nation. With such favorable housing affordability, residents of Alliance can allocate more of their income to housing, enhancing their financial flexibility.

Is Alliance Affordable?

Wondering if Alliance is affordable? It's a question that often comes up when you're thinking about a new city since affordability can really shape your decisions. The cost of living index (covered earlier), housing expenses and income levels all play a part in the affordability equation. In Alliance, for example, the median home price is 53.9% lower than what folks pay nationally, and monthly rent is 25.7% lower than the usual rates. Plus, income levels matter too, with Alliance boasting a median household income of $36,883, which is 33.3% lower than the national average.

What Factors can Influence the Cost of Living in Alliance?

Urbanization: Urban areas with a wealth of amenities and employment opportunities tend to come with a higher price tag for living. Why? Well, more people want to be there, which drives up home prices and rents. On the flip side, less densely populated rural areas or places where there's not as much demand usually mean fewer attractions, things to do and slower job growth. That often results in a lower cost of living.

Utilities: Similar to the prices of any goods or services, utility expenses can fluctuate widely, contingent on variables such as climate, available energy sources, geographical location and state regulations. Costs associated with electricity, water, heating, and waste disposal can differ in magnitude, depending on the specific city or state. In Alliance, the utilities index registers at 2.8% higher than the national average.

Transportation: If public transportation is limited or not available, residents may need to own and maintain vehicles, which can add to the cost of living. Gas, insurance, regular maintenance and potentially lease or finance payments will all need to be paid on a monthly basis. In Alliance, the transportation index is 2% lower than the national average.

Where is the Data From?

The cost of living in Alliance, presented above is derived from the C2ER cost of living index, offering a practical method for assessing living cost disparities in urban areas. Published quarterly, this index compiles data from more than 300 independent researchers, encompassing over 60 goods and services in 6 categories. The weightings assigned to cost variances are informed by government survey data tracking the expenditure patterns of professional and executive households. It should be noted that the C2ER index does not include data on sales or income tax rates, however, AreaVibes incorporates tax rates into the overall cost of living score for each area.

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Cost Of Living Quick Facts

  • The cost of living in Alliance is 9% lower than the Ohio average
  • The cost of living in Alliance is 16% lower than the national average
  • Alliance housing is 45% lower than the national average
  • Ohio general sales tax is 13% higher than the national average
  • Ohio state income tax is 6% higher than the national average

Most Affordable Places to Live in and Around Alliance

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Compare Alliance, OH Cost of Living

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      Salary Calculator

      This is how much you would need to earn in
      Price difference in compared to
      Cost of living index
      Goods & Services index
      Groceries index
      Health care index
      Housing index
      Transportation index
      Utilities index

      Median Income & Debt-To-Income Ratio

      Median Income Per Year Per Month Max Budget (28% DTI) Max Budget (36% DTI)
      Owners$57,344$4,779$1,338$1,720
      Renters$26,140$2,178$610$784
      The percentage of monthly income spent on housing related expenses can help predict the affordability of housing in Alliance, OH, as well as what the overall cost of living might be. Generally, a good rule to follow is that the debt-to-income (DTI) level you want to maintain is 28 percent or less of your income on your rent or mortgage payments and not more than 36 percent of income on all expenses and debts. In Alliance, homeowners have a median income of $57,344. Using that number, a maximum of $1,338 per month should be allocated to housing expenses. For those who are renting instead of owning, the median income is $26,140, which means there is a maximum of $610 to be spent on the costs of renting a home or apartment.

      Ohio Sales Tax

      State General Sales Tax With Max Surtax
      Ohio 5.75% 8%

      Ohio Income Tax

      State Income Tax (Low) Income Tax (High)
      Ohio 2.76% 3.99%

      Goods & Services

      Item Alliance National avg. Difference
      Haircut $23.67$24.262.5%
      Beauty Salon $35.31$45.5622.5%
      Toothpaste $3.68$3.700.5%
      Shampoo $1.45$1.2813.0%
      Movie $11.60$12.134.4%
      Bowling $18.27$18.001.5%

      Groceries

      Item Alliance National avg. Difference
      Ground Beef $5.46$5.846.5%
      Fried Chicken $1.39$1.5711.4%
      Milk $4.57$4.672.3%
      Potatoes $5.38$4.939.1%
      Pizza $9.98$12.0917.4%
      Beer $10.51$10.411.0%

      Health Care

      Item Alliance National avg. Difference
      Optometrist $103.58$125.6817.6%
      Doctor $119.67$135.7811.9%
      Dentist $109.73$113.293.1%
      Ibuprofen $10.73$10.650.7%
      Lipitor $503.65$468.607.5%

      Housing

      Item Alliance National avg. Difference
      Home Price $85,200.00$184,700.0053.9%
      Avg. Mortgage Payment $1,788.16$2,346.6923.8%
      Apartment Rent $705.00$949.0025.7%

      Transportation

      Item Alliance National avg. Difference
      Gasoline $3.41$3.461.4%
      Tire Balancing $57.76$59.923.6%

      Utilities

      Item Alliance National avg. Difference
      All Electricity $205.88$193.996.1%
      Phone $186.78$192.252.8%
      Although the cost of living data is updated regularly, this cost of living information is to be used as estimates only as prices can change on an ongoing basis.

      Nearby cities with low cost of living

      City Population Cost of Living Index National Avg.
      Damascus, OH286963.8%
      East Rochester, OH851010.8%
      Robertsville, OH2998118.9%
      Canton, OH70,8638217.7%
      Beloit, OH1,1718217.6%
      Alliance, OH21,6718416.3%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      Chillicothe, OH21,6688713.3%
      Raymore, MO21,6761032.9%
      Roselle, NJ21,69911212.0%
      Yucca Valley, CA21,7011098.8%
      Hamtramck, MI21,7048614.3%
      Alliance, OH21,6718416.3%
      Date & Last Updated: This data reflects 2023 and was released from C2ER in January, 2024; this is the most current data available.