Cost of Living in New Waterford, OH
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
77.4
100 = national avg
-22.6 vs national average
Living Wage (1 Adult)
$34,045
per year
Living Wage (Family of 4)
$80,470
per year
Cost Index by Category
Housing63.6
Food89.7
Transportation79.4
Healthcare91.8
Utilities86.5
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$779
per month
2 Bedroom
$973
per month
The overall cost of living index in New Waterford is 77.4, which is 22.6% below the national average. Housing costs are below the national average at an index of 63.6. A single adult needs to earn approximately $34,045 per year to cover basic expenses.