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Cost of Living in Willard, OH

Population: 6,174 | Ohio

67
Cost of Living Index
US Average = 100

Willard is 33% less expensive than the national average.

65
Housing
36
Home Values
92
Regional Price

Cost of Living in Willard, OH: What You Need to Know

With a cost of living index of 67, Willard, OH is one of the most affordable cities in the country. Living here is 33% cheaper than the national average and 11% below the Ohio state average of 78. Willard is a smaller community of 6,174 residents, where everyday costs can differ substantially from nearby larger cities.

Housing costs are the biggest factor in Willard's cost of living. The median monthly rent is $853 (35% below the US median of $1,319), and the median home value sits at $110,500 (64% below the national median of $304,900). At current prices, the median home costs roughly 2x the median household income — well within traditional affordability guidelines.

The median household income in Willard is $54,572, which is 27% lower than the national median of $75,149. Residents spend roughly 19% of household income on rent. This is a comfortable ratio, well below the 30% threshold that financial experts recommend as a maximum. Lower incomes here are balanced by the significantly lower cost of living, stretching each dollar further.

Data sources: US Census Bureau (ACS 2023), Zillow Home Values, HUD Fair Market Rents, BEA Regional Price Parities, BLS Average Prices, and NOAA Climate Normals. Updated monthly.

Income

Median Household Income
$54,572
vs US Median ($75,149)
-27%

Housing

Median Rent
$853/mo
Median Home Value
$110,500
Median Monthly Housing Cost
$802/mo

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