Cost of Living in Springboro, OH

Population 19,577 · Ohio · Data vintage 2023

107
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Under 25,000 residents gives Springboro a small-town character that shows up in every data point below — from the commute patterns to the rental inventory. A typical home runs $330,000.

Geographically, Springboro sits roughly 15 miles south of Dayton. Median home values run roughly 254% higher than Dayton's $93,000.

Cost Overview

Housing 108
Rent 105

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

About the Cost of Living in Springboro

The median home value in Springboro is $330,300 — 8% above the national median of $305,000. Median rent runs $1,378/month, 5% higher than the national median of $1,314/month. The median household income of $112,872/year is 51% higher than the US median of $74,580. The local unemployment rate is 3.6%, 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%. The climate averages highs of 64.2°F and lows of 44.0°F. Overall, Springboro has a cost of living index of 107 versus the US average of 100, meaning it is 7% more expensive.

🏠 Housing

Median Home Value
$330,300
8% above avg
Zillow Home Value
$420,625
Zillow ZHVI
Median Rent
$1,378/mo
5% above avg
Zillow Rent
$1,471/mo
Zillow ZORI
Price-to-Rent Ratio
20.0x
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 86.6%
Renter-occupied 13.4%

💰 Estimated Monthly Budget

Rent median rent
$1,378
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,992/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
26.4 min
2% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
17.9%

Commute Mode

Drove alone
75.1%
Carpooled
6.5%
Walked
0.3%
Work from home
17.9%

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
$112,872
51% above avg
Per Capita Income
$46,548
Unemployment Rate
3.6%
25% below avg
Poverty Rate
3.6%
Labor Force Participation
67.2%

🎓 Education

Bachelor's degree+ 33.8%
Graduate degree 21.3%

👥 Demographics

Median Age 35.7
Male median age 35.7
Female median age 35.7

🌤 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 44 — Good
63.2%
Good air days/yr
183
Max AQI recorded
202
PM2.5 days
162
Ozone days

🏫 Schools

NCES CCD 2019 — public school district data

98%
4-Year Graduation Rate
23.6:1
Student-teacher ratio
6
Public schools
6,325
Total enrollment

Frequently Asked Questions

What is the cost of living in Springboro, OH?

Springboro has a cost index of 107 (100 = national average). It is 7% above the national average.

What is average rent in Springboro, OH?

The median gross rent in Springboro is $1,378 per month based on 2023 Census data.

What is the average home price in Springboro?

The median home value in Springboro is $330,300 according to Zillow and Census data.

What is the median income in Springboro?

The median household income in Springboro is $112,872 per year (2023 ACS 5-year estimates).

What is the sales tax in Springboro, OH?

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

Is Springboro, OH affordable?

Springboro is near the national average in terms of cost of living, with an index of 107 (100 = US average).

What is the weather like in Springboro?

Springboro 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.

Springboro at a Glance

Population
19,577
Median Income
$112,872
Home Value
$330,300
Median Rent
$1,378/mo
Unemployment
3.6%
Avg High Temp
64.2°F
Sales Tax
7.2%
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