Cost of Living in Spencerville, OH
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
82.7
100 = national avg
-17.3 vs national average
Living Wage (1 Adult)
$36,390
per year
Living Wage (Family of 4)
$86,013
per year
Cost Index by Category
Housing81.7
Food88.2
Transportation76.3
Healthcare90.5
Utilities89.2
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$844
per month
2 Bedroom
$1,108
per month
The overall cost of living index in Spencerville is 82.7, which is 17.3% below the national average. Housing costs are below the national average at an index of 81.7. A single adult needs to earn approximately $36,390 per year to cover basic expenses.