Salary & Cost of Living in Dayton, OH
Dayton, OH: $48,500 median salary, cost of living index 82, $10.65/hr minimum wage. Calculate your take-home pay with our free paycheck calculator.
Median Salary
$48,500
$23/hr
Cost of Living
82
US avg = 100
Minimum Wage
$10.65
per hour
Unemployment
4.5%
rate
Dayton, OH Overview
Population
137,644
Median Salary
$48,500
Average Salary
$54,000
Avg Commute
22 min
Median Home Price
$110,000
Median Rent
$800/mo
Job Growth
+0.8%
Sales Tax
7.5%
Dayton is located in Ohio with a population of 137,644. The median household salary is $48,500 per year ($23/hour), which is $10,884 below the national median of $59,384. The average commute time is 22 minutes, and the city has a job growth rate of +0.8%.
Dayton Paycheck Calculator
Enter your annual salary to see your estimated take-home pay in Dayton, OH, after federal, state, and local taxes.
Estimated Annual Take-Home Pay
$38,220
$3,184.96/month · $1,469.98/biweekly · Effective Rate: 21.2%
Gross Pay
$48,500
Federal Tax
-$3,782
State Tax
-$1,698
Local Tax
-$1,091
FICA
-$3,710
Net Pay
$38,220
Pay Breakdown
| Item | Monthly | Annual |
|---|---|---|
| Gross Salary | $4,041.67 | $48,500.00 |
| Federal Income Tax | -$315.13 | -$3,781.50 |
| Ohio State Tax (3.5%) | -$141.46 | -$1,697.50 |
| Local Tax (2.25%) | -$90.94 | -$1,091.25 |
| Social Security (6.2%) | -$250.58 | -$3,007.00 |
| Medicare (1.45%) | -$58.60 | -$703.25 |
| Net Take-Home Pay | $3,184.96 | $38,219.50 |
Salary Comparison: Dayton vs Other Cities
See how Dayton's median salary and cost of living compare to the national average and similar cities.
| City | Median Salary | COL Index | Adj. Salary |
|---|---|---|---|
| Dayton, OH | $48,500 | 82 | $59,146 |
| National Average | $59,384 | 100 | $59,384 |
| Fresno, CA | $48,500 | 100 | $48,500 |
| Augusta, GA | $48,500 | 86 | $56,395 |
| South Bend, IN | $48,500 | 84 | $57,738 |
| Springfield, MA | $48,500 | 98 | $49,490 |
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 Dayton
Dayton's cost of living index is 82 (national average = 100). Living in Dayton is 18% less expensive than the national average.
Median Home Price
$110,000
Median Monthly Rent
$800
Annual Rent Cost
$9,600
Your Salary's Purchasing Power
Your $38,220 annual take-home pay in Dayton has the purchasing power of approximately $46,609 in an average-cost US area. Your $48,500 salary stretches further here than in most US cities.
Top Industries in Dayton
Dayton's economy is driven by these key industries. Workers in top industries often earn significantly above the median salary of $48,500.
Salary Tips for Dayton Workers
- Your salary goes further here. Dayton has a cost of living 18% below the national average. A salary of $48,500 here has the purchasing power of about $59,146 in an average-cost area.
- Research top industries. Dayton's top industries include Aerospace, Healthcare, Manufacturing. Targeting roles in these sectors can help you earn above the $48,500 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 Dayton, OH?
The median salary in Dayton, OH is $48,500 per year, or $23 per hour. The average salary is $54,000. This is $10,884 below the national median of $59,384.
What is the cost of living in Dayton, OH?
Dayton's cost of living index is 82 (national average = 100), meaning it is 18% less expensive compared to the national average. The median home price is $110,000 and the median monthly rent is $800.
What are the best industries in Dayton?
The top industries in Dayton, OH include Aerospace, Healthcare, Manufacturing. The city has a job growth rate of 0.8% and an unemployment rate of 4.5%. Workers in these industries often earn above the city's median salary of $48,500.
How does Dayton's salary compare to other cities?
Dayton's median salary of $48,500 is 18.3% below the national median of $59,384. However, when adjusted for cost of living (index: 82), the real purchasing power is approximately $59,146.
What is the minimum wage in Dayton, OH?
The minimum wage in Dayton, 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.