Cost of Living in Waterville, OH

Population 5,997 · Ohio · Data vintage 2023

96
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Waterville sits on the smaller end of the Ohio city distribution. That scale shapes the housing market, the labor pool, and the services available to residents in ways the data below makes visible.

Located 14 miles southwest of Toledo, Waterville falls within that metro's commuting orbit. Median home values run roughly 153% higher than Toledo's $107,000.

Cost Overview

Housing 89
Rent 105

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

About the Cost of Living in Waterville

The median home value in Waterville is $271,100 — 11% below the national median of $305,000. Median rent runs $1,386/month, 5% higher than the national median of $1,314/month. The median household income of $102,096/year is 37% higher than the US median of $74,580. The local unemployment rate is 4.0%, 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 61.9°F and lows of 42.6°F, with about 37.4" of annual snowfall. Overall, Waterville has a cost of living index of 96 versus the US average of 100, meaning it is 4% less expensive.

🏠 Housing

Median Home Value
$271,100
11% below avg
Zillow Home Value
$332,329
Zillow ZHVI
Median Rent
$1,386/mo
5% above avg
Zillow Rent
$1,552/mo
Zillow ZORI
Price-to-Rent Ratio
16.3x
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 75.1%
Renter-occupied 24.9%

💰 Estimated Monthly Budget

Rent median rent
$1,386
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $2,000/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
25.4 min
6% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
8.3%

Commute Mode

Drove alone
83.0%
Carpooled
5.6%
Public transit
0.6%
Walked
0.5%
Work from home
8.3%

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
$102,096
37% above avg
Per Capita Income
$52,069
Unemployment Rate
4.0%
17% below avg
Poverty Rate
3.7%
Labor Force Participation
65.0%

🎓 Education

Bachelor's degree+ 23.9%
Graduate degree 20.5%

👥 Demographics

Median Age 41.4
Male median age 38
Female median age 42.8

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
61.9°F
Avg Low
42.6°F
Annual Precip
35"
Annual Snowfall
37.4"
20° 38° 55° 73° 90° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 353848627383878478655139
Low °F 202230405161646355443526
Precip" 2.372.282.613.453.823.453.273.152.932.592.652.44
Snow" 12.310.25.31.30.00.00.00.00.00.11.76.5

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 45 — Good
59.5%
Good air days/yr
190
Max AQI recorded
203
PM2.5 days
162
Ozone days

Frequently Asked Questions

What is the cost of living in Waterville, OH?

Waterville has a cost index of 96 (100 = national average). It is 4% below the national average.

What is average rent in Waterville, OH?

The median gross rent in Waterville is $1,386 per month based on 2023 Census data.

What is the average home price in Waterville?

The median home value in Waterville is $271,100 according to Zillow and Census data.

What is the median income in Waterville?

The median household income in Waterville is $102,096 per year (2023 ACS 5-year estimates).

What is the sales tax in Waterville, OH?

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

Is Waterville, OH affordable?

Waterville is near the national average in terms of cost of living, with an index of 96 (100 = US average).

What is the weather like in Waterville?

Waterville has average high temperatures of 61.9°F and average lows of 42.6°F. Annual precipitation is 35". Average annual snowfall is 37.4". Data from NOAA 1991–2020 Climate Normals.

Waterville at a Glance

Population
5,997
Median Income
$102,096
Home Value
$271,100
Median Rent
$1,386/mo
Unemployment
4.0%
Avg High Temp
61.9°F
Sales Tax
7.2%
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Explore county-level cost of living data

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