Cost of Living in Germantown, OH

Population 5,796 · Ohio · Data vintage 2023

65
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Buyers in Germantown can reasonably expect a home to cost less than three years of household income — $187,000 against $84,307 in typical earnings — a ratio that has collapsed to 5:1 or worse in much of the country. At 6.5%, the local unemployment rate runs well above the US figure, pointing to structural rather than cyclical labor-market issues.

Germantown sits roughly 14 miles southwest of Dayton — close enough that regional housing and labor patterns are shaped largely by the larger market. Median home values run roughly 101% higher than Dayton's $93,000.

Cost Overview

Housing 61
Rent 71

Scale: 100 = US national average. Green < 90, Red > 110.

About the Cost of Living in Germantown

The median home value in Germantown is $186,900 — 39% below the national median of $305,000. Median rent runs $937/month, 29% lower than the national median of $1,314/month. The median household income of $84,307/year is 13% higher than the US median of $74,580. The local unemployment rate is 6.5%, above the national average of 4.8%. Ohio's top state income tax rate is 3.8% and the combined sales tax is 7.2%. The climate averages highs of 64.2°F and lows of 44.0°F. Overall, Germantown has a cost of living index of 65 versus the US average of 100, meaning it is 35% less expensive.

🏠 Housing

Median Home Value
$186,900
39% below avg
Zillow Home Value
$259,659
Zillow ZHVI
Median Rent
$937/mo
29% below avg
Price-to-Rent Ratio
16.6x
Favors buying
Property Tax Rate
1.6%
Effective rate

HUD Fair Market Rents by Bedroom

Studio
$686
1 BR
$748
2 BR
$929
3 BR
$1,199
4 BR
$1,374
Owner-occupied 78.3%
Renter-occupied 21.7%

💰 Estimated Monthly Budget

Rent median rent
$937
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,551/mo

Estimates based on median data and national averages. Actual costs vary.

🛒 Food & Groceries

National BLS average prices (2023). Local prices may vary.

🥚
Eggs (dozen)
$0.548
🍞
White Bread (lb)
$1.912
🥩
Ground Beef (lb)
$5.61

🚗 Transportation

Avg Commute
26.5 min
2% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
10.2%

Commute Mode

Drove alone
82.2%
Carpooled
4.7%
Walked
2.9%
Work from home
10.2%

Utilities

Electricity
$0.176/kWh
0% below avg

📋 Taxes

State Income Tax 3.8%
Total Sales Tax 7.2%
State rate 5.8%
Avg local rate 1.4%
Property Tax 1.6%

💼 Income & Employment

Median Household Income
$84,307
13% above avg
Per Capita Income
$35,039
Unemployment Rate
6.5%
35% above avg
Poverty Rate
9.3%
Labor Force Participation
69.0%

🎓 Education

Bachelor's degree+ 16.9%
Graduate degree 9.2%

👥 Demographics

Median Age 40
Male median age 39.5
Female median age 42.7

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
64.2°F
Avg Low
44.0°F
Annual Precip
41"
20° 38° 55° 73° 90° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 394353657583868579675443
Low °F 222533435362656356453527
Precip" 2.912.333.484.374.214.903.632.812.973.023.133.21

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 51 — Moderate
49.9%
Good air days/yr
196
Max AQI recorded
246
PM2.5 days
116
Ozone days

🏫 Schools

NCES CCD 2019 — public school district data

87%
4-Year Graduation Rate
17.9:1
Student-teacher ratio
4
Public schools
1,823
Total enrollment

Frequently Asked Questions

What is the cost of living in Germantown, OH?

Germantown has a cost index of 65 (100 = national average). It is 35% below the national average.

What is average rent in Germantown, OH?

The median gross rent in Germantown is $937 per month based on 2023 Census data.

What is the average home price in Germantown?

The median home value in Germantown is $186,900 according to Zillow and Census data.

What is the median income in Germantown?

The median household income in Germantown is $84,307 per year (2023 ACS 5-year estimates).

What is the sales tax in Germantown, OH?

The combined state and local sales tax rate in Germantown is 7.2%. The Ohio state income tax top rate is 3.8%.

Is Germantown, OH affordable?

Yes, Germantown is generally considered affordable, with a cost of living index of 65 — about 35% below the US national average of 100.

What is the weather like in Germantown?

Germantown has average high temperatures of 64.2°F and average lows of 44.0°F. Annual precipitation is 41". Data from NOAA 1991–2020 Climate Normals.

Germantown at a Glance

Population
5,796
Median Income
$84,307
Home Value
$186,900
Median Rent
$937/mo
Unemployment
6.5%
Avg High Temp
64.2°F
Sales Tax
7.2%
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