Cost of Living in Lake Tomahawk, OH

Cost indexes, living wages, and fair market rents — 2024 Data

Cost of Living Overview

Overall Index

169.3

100 = national avg

+69.3 vs national average

Living Wage (1 Adult)

$74,470

per year

Living Wage (Family of 4)

$176,020

per year

Cost Index by Category

Housing
138.0
Food
162.0
Transportation
224.0
Healthcare
149.6
Utilities
144.8

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$779

per month

2 Bedroom

$973

per month

The overall cost of living index in Lake Tomahawk is 169.3, which is 69.3% above the national average. Housing costs are above the national average at an index of 138.0. A single adult needs to earn approximately $74,470 per year to cover basic expenses.