Salary & Cost of Living in Columbus, OH
Columbus, OH: $62,000 median salary, cost of living index 92, $10.65/hr minimum wage. Calculate your take-home pay with our free paycheck calculator.
Median Salary
$62,000
$30/hr
Cost of Living
92
US avg = 100
Minimum Wage
$10.65
per hour
Unemployment
3.2%
rate
Columbus, OH Overview
Population
905,748
Median Salary
$62,000
Average Salary
$68,500
Avg Commute
23 min
Median Home Price
$260,000
Median Rent
$1,150/mo
Job Growth
+2%
Sales Tax
7.5%
Columbus is located in Ohio with a population of 905,748. The median household salary is $62,000 per year ($30/hour), which is $2,616 above the national median of $59,384. The average commute time is 23 minutes, and the city has a job growth rate of +2%.
Columbus Paycheck Calculator
Enter your annual salary to see your estimated take-home pay in Columbus, OH, after federal, state, and local taxes.
Estimated Annual Take-Home Pay
$48,136
$4,011.29/month · $1,851.37/biweekly · Effective Rate: 22.4%
Gross Pay
$62,000
Federal Tax
-$5,402
State Tax
-$2,170
Local Tax
-$1,550
FICA
-$4,743
Net Pay
$48,136
Pay Breakdown
| Item | Monthly | Annual |
|---|---|---|
| Gross Salary | $5,166.67 | $62,000.00 |
| Federal Income Tax | -$450.13 | -$5,401.50 |
| Ohio State Tax (3.5%) | -$180.83 | -$2,170.00 |
| Local Tax (2.5%) | -$129.17 | -$1,550.00 |
| Social Security (6.2%) | -$320.33 | -$3,844.00 |
| Medicare (1.45%) | -$74.92 | -$899.00 |
| Net Take-Home Pay | $4,011.29 | $48,135.50 |
Salary Comparison: Columbus vs Other Cities
See how Columbus's median salary and cost of living compare to the national average and similar cities.
| City | Median Salary | COL Index | Adj. Salary |
|---|---|---|---|
| Columbus, OH | $62,000 | 92 | $67,391 |
| National Average | $59,384 | 100 | $59,384 |
| Tempe, AZ | $62,000 | 105 | $59,048 |
| Wilmington, DE | $62,000 | 105 | $59,048 |
| Fort Lauderdale, FL | $62,000 | 118 | $52,542 |
| Miramar, FL | $62,000 | 112 | $55,357 |
Adjusted salary reflects purchasing power when cost of living is factored in. A higher adjusted salary means your money goes further.
Cost of Living in Columbus
Columbus's cost of living index is 92 (national average = 100). Living in Columbus is 8% less expensive than the national average.
Median Home Price
$260,000
Median Monthly Rent
$1,150
Annual Rent Cost
$13,800
Your Salary's Purchasing Power
Your $48,136 annual take-home pay in Columbus has the purchasing power of approximately $52,321 in an average-cost US area. Your $62,000 salary stretches further here than in most US cities.
Top Industries in Columbus
Columbus's economy is driven by these key industries. Workers in top industries often earn significantly above the median salary of $62,000.
Salary Tips for Columbus Workers
- Research top industries. Columbus's top industries include Technology, Healthcare, Finance. Targeting roles in these sectors can help you earn above the $62,000 median salary.
- Review your W-4 withholding. If you regularly receive large tax refunds, adjust your W-4 to increase your per-paycheck take-home pay instead of giving the government an interest-free loan.
Explore Salaries Across the US
Compare salary data and cost of living for hundreds of US cities. Find out where your paycheck goes the furthest.
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Frequently Asked Questions
What is the median salary in Columbus, OH?
The median salary in Columbus, OH is $62,000 per year, or $30 per hour. The average salary is $68,500. This is $2,616 above the national median of $59,384.
What is the cost of living in Columbus, OH?
Columbus's cost of living index is 92 (national average = 100), meaning it is 8% less expensive compared to the national average. The median home price is $260,000 and the median monthly rent is $1,150.
What are the best industries in Columbus?
The top industries in Columbus, OH include Technology, Healthcare, Finance. The city has a job growth rate of 2% and an unemployment rate of 3.2%. Workers in these industries often earn above the city's median salary of $62,000.
How does Columbus's salary compare to other cities?
Columbus's median salary of $62,000 is 4.4% above the national median of $59,384. However, when adjusted for cost of living (index: 92), the real purchasing power is approximately $67,391.
What is the minimum wage in Columbus, OH?
The minimum wage in Columbus, OH is $10.65 per hour. This equals approximately $22,152 per year for a full-time worker (40 hours/week). This is $3.40 above the federal minimum wage of $7.25/hour.