Cost of Living in Willoughby, OH

Population 23,934 · Ohio · Data vintage 2023

75
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Willoughby offers a notably favorable income-to-housing ratio for its region. The typical home — $206,000 — costs less than 2.9 times median household income of $70,884, a threshold many coastal markets passed a decade ago.

Located 20 miles northeast of Cleveland, Willoughby falls within that metro's commuting orbit. Median home values run roughly 119% higher than Cleveland's $94,000.

Cost Overview

Housing 68
Rent 87

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

About the Cost of Living in Willoughby

The median home value in Willoughby is $206,200 — 32% below the national median of $305,000. Median rent runs $1,147/month, 13% lower than the national median of $1,314/month. The median household income of $70,884/year is 5% lower than the US median of $74,580. The local unemployment rate is 5.0%, 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 58.9°F and lows of 45.8°F. Overall, Willoughby has a cost of living index of 75 versus the US average of 100, meaning it is 25% less expensive.

🏠 Housing

Median Home Value
$206,200
32% below avg
Zillow Home Value
$235,334
Zillow ZHVI
Median Rent
$1,147/mo
13% below avg
Zillow Rent
$1,252/mo
Zillow ZORI
Price-to-Rent Ratio
15.0x
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 62.5%
Renter-occupied 37.5%

💰 Estimated Monthly Budget

Rent median rent
$1,147
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,761/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
24.9 min
8% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
14.9%

Commute Mode

Drove alone
73.3%
Carpooled
9.5%
Public transit
0.7%
Walked
0.7%
Bicycle
0.1%
Work from home
14.9%

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
$70,884
5% below avg
Per Capita Income
$43,988
Unemployment Rate
5.0%
4% above avg
Poverty Rate
8.9%
Labor Force Participation
63.2%

🎓 Education

Bachelor's degree+ 24.8%
Graduate degree 11.1%

👥 Demographics

Median Age 45.5
Male median age 43.4
Female median age 47.2

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
58.9°F
Avg Low
45.8°F
Annual Precip
33.3"
20° 38° 55° 73° 90° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 353745576877818074635140
Low °F 242531415363686760493830
Precip" 1.761.532.353.103.512.843.663.452.943.242.922.04

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 42 — Good
71%
Good air days/yr
170
Max AQI recorded
185
PM2.5 days
180
Ozone days

Frequently Asked Questions

What is the cost of living in Willoughby, OH?

Willoughby has a cost index of 75 (100 = national average). It is 25% below the national average.

What is average rent in Willoughby, OH?

The median gross rent in Willoughby is $1,147 per month based on 2023 Census data.

What is the average home price in Willoughby?

The median home value in Willoughby is $206,200 according to Zillow and Census data.

What is the median income in Willoughby?

The median household income in Willoughby is $70,884 per year (2023 ACS 5-year estimates).

What is the sales tax in Willoughby, OH?

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

Is Willoughby, OH affordable?

Yes, Willoughby is generally considered affordable, with a cost of living index of 75 — about 25% below the US national average of 100.

What is the weather like in Willoughby?

Willoughby has average high temperatures of 58.9°F and average lows of 45.8°F. Annual precipitation is 33.3". Data from NOAA 1991–2020 Climate Normals.

Willoughby at a Glance

Population
23,934
Median Income
$70,884
Home Value
$206,200
Median Rent
$1,147/mo
Unemployment
5.0%
Avg High Temp
58.9°F
Sales Tax
7.2%
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