Cost of Living in Coldwater, OH
Population 4,387 · Ohio · Data vintage 2023
(100 = US avg)
Buyers in Coldwater can reasonably expect a home to cost less than three years of household income — $216,000 against $77,730 in typical earnings — a ratio that has collapsed to 5:1 or worse in much of the country. An unemployment rate of 0.6% points to a labor market well on the tight side of the national distribution.
Located 50 miles southeast of Fort Wayne, Coldwater is far enough out that local conditions diverge meaningfully from the big-metro baseline. Median home values run roughly 27% higher than Fort Wayne's $170,000.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Coldwater
The median home value in Coldwater is $215,700 — 29% below the national median of $305,000. Median rent runs $800/month, 39% lower than the national median of $1,314/month. The median household income of $77,730/year is 4% higher than the US median of $74,580. The local unemployment rate is 0.6%, below the national average of 4.8%. Ohio's top state income tax rate is 3.8% and the combined sales tax is 7.2%. Overall, Coldwater has a cost of living index of 67 versus the US average of 100, meaning it is 33% less expensive.
Coldwater has limited residential data
Detailed housing and income data is limited for this location. Here are the nearest cities with full cost of living data:
🏠 Housing
HUD Fair Market Rents by Bedroom
💰 Estimated Monthly Budget
Estimates based on median data and national averages. Actual costs vary.
🛒 Food & Groceries
National BLS average prices (2023). Local prices may vary.
🚗 Transportation
Commute Mode
⚡ Utilities
📋 Taxes
💼 Income & Employment
🎓 Education
👥 Demographics
🏫 Schools
NCES CCD 2019 — public school district data
Frequently Asked Questions
What is the cost of living in Coldwater, OH?
Coldwater has a cost index of 67 (100 = national average). It is 33% below the national average.
What is average rent in Coldwater, OH?
The median gross rent in Coldwater is $800 per month based on 2023 Census data.
What is the average home price in Coldwater?
The median home value in Coldwater is $215,700 according to Zillow and Census data.
What is the median income in Coldwater?
The median household income in Coldwater is $77,730 per year (2023 ACS 5-year estimates).
What is the sales tax in Coldwater, OH?
The combined state and local sales tax rate in Coldwater is 7.2%. The Ohio state income tax top rate is 3.8%.
Is Coldwater, OH affordable?
Yes, Coldwater is generally considered affordable, with a cost of living index of 67 — about 33% below the US national average of 100.
Coldwater at a Glance
- Population
- 4,387
- Median Income
- $77,730
- Home Value
- $215,700
- Median Rent
- $800/mo
- Unemployment
- 0.6%
- Sales Tax
- 7.2%
Nearby Cities
Explore county-level cost of living data
Ohio Rankings
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