Daytons cost of living index score for the second quarter of 2017 dropped to 89.2, lower than Cincinnati at 93.3, Columbus at 90.6 and Cleveland at 101.2, according to data compiled by the Council for Community and Economic Research.
Is Dayton Ohio expensive?
Daytons housing expenses are 32% lower than the national average and the utility prices are 16% lower than the national average. Transportation expenses like bus fares and gas prices are 4% higher than the national average. Dayton has grocery prices that are 4% lower than the national average.
Why is Dayton so cheap?
Dayton is shrinking -- or at least its population is. While that hasnt necessarily been a good thing for the local economy, it has kept homes extremely affordable. Since theres such an ample supply on the market, home prices have come down significantly.
Is Dayton Ohio affordable?
Life in Dayton is being lauded again, this time by Livability.com, naming the Gem City the #2 Best Affordable Place to Live. The citys median home value of $69,600 is almost 33 percent below the national average, making it the cheapest city for housing on this list.
Why are people leaving Dayton Ohio?
Since then it has lost people every decade, and as detailed in Dayton: The Rise, Decline, and Transition of an Industrial City, this decline is due to four main factors: whites—especially those with more education and higher incomes—often moved from the city to the suburbs in response to blacks and poorer whites
Why did Dayton Ohio fail?
Since then it has lost people every decade, and as detailed in Dayton: The Rise, Decline, and Transition of an Industrial City, this decline is due to four main factors: whites—especially those with more education and higher incomes—often moved from the city to the suburbs in response to blacks and poorer whites