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Ohio


Ohio is a cheap place to live, and the newest government stats confirm it
Cheap rent is the biggest plus since so much of a household income is dedicated to it; food prices vary a lot less
by WKSU's M.L. SCHULTZE


Web Editor
M.L. Schultze
 
Click to open: Only seven other states cost less to live in than Ohio, and most of those are in the South.
Courtesy of U.S. Bureau of Economic Analysis
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In The Region:

Ohio is the eighth cheapest place in the country to live, according to a new study by the U.S. Department of Commerce. And, as WKSU’s M.L. Schultze reports, a big reason is the cost of housing.

Listen: Where Ohio ranks

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 This is the first time any government agency has tried to compare the costs of goods and services among the 50 states since the 1960s, when a researcher for the U.S. Department of Agriculture caused a kerfuffle by trying to compare prices for a basket of goods. 

The new comparison includes a lot more goods and services – things like food, clothing, education, housing, recreation and transportation. Betina Aten put together the study and says Ohio overall came in at 11 percent less than the average U.S. price level – largely because of cheaper rent. 

“What we’re trying to show is that if you take the average income of somebody in Ohio and compare it to the average income of somebody in Pennsylvania, it’s not necessarily a one-to-one relationship. How far your income goes in Ohio is a little different from how far it goes in Pennsylvania or New York or California or Mississippi.” 

In fact, the study says it will go futner in Mississippi than anywhere else in the country. The most expensive prices are in the District of Columbia. 

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