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South Point, OH vs Wakeman, OH

70
South Point
Ohio
VS
+1.6%
69
Wakeman
Ohio

South Point, OH and Wakeman, OH have a very similar cost of living, with only a 1.6% difference in their overall index. South Point scores 70 while Wakeman scores 69 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.

On the housing front, median rent in South Point is $807/month compared to $776/month in Wakeman — a 4% difference. Home values follow the same pattern: Wakeman is more affordable at $169,300 median vs $175,200.

Median household income in South Point is $80,689 compared to $70,393 in Wakeman (+14.6%). While South Point is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of South Point spend roughly 12% of their income on rent, less than the 13.2% in Wakeman.

Income & Cost

Cost of Living Index
South Point
70
Wakeman
69
2% cheaper
Median Household Income
South Point
$80,689
13% higher
Wakeman
$70,393

Housing

Median Rent
South Point
$807
Wakeman
$776
4% cheaper
Median Home Value
South Point
$175,200
Wakeman
$169,300
3% cheaper
Population
South Point
3,228
Wakeman
1,100

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
South Point $2.93
Wakeman $2.89
US $3.07
🥚
Eggs (grade A, large)
South Point $2.39
Wakeman $2.35
US $2.50
🥛
Milk (whole)
South Point $3.84
Wakeman $3.79
US $4.03
🍞
Bread (white)
South Point $1.77
Wakeman $1.74
US $1.85
🍗
Chicken breast
South Point $3.95
Wakeman $3.90
US $4.14
Electricity
South Point $0.16
Wakeman $0.17
US $0.19