📈 Investment & Retirement Calculators Ohio

Ohio Retirement Calculator

Plan your retirement in Ohio. Factor in lower cost of living and state income tax. Free calculator.

Free — No Sign-up Verified Data Editorially Reviewed Updated Feb 2026

Ohio Quick Facts

3.5% Income Tax Rate

1.56% Property Tax Rate

$58,642 Median Income

90.8 Cost of Living

How This Calculator Works

Calculation methodology and assumptions

Retirement planning for Ohio. Ohio taxes retirement income at rates up to 3.5%. Cost of living index: 90.8 (100 = national avg). Desired income is pre-filled based on 80% of Ohio's median household income, adjusted for local costs. Uses compound growth with 4% safe withdrawal rate.

Key State Information

Retiring in Ohio: Ohio taxes retirement income at rates up to 3.5%. Cost of living: 90.8/100. Property tax: 1.56%. Median home: $205,000. Average home insurance: $1,470/yr.

Standard financial formulas Pre-filled with real state data Estimates only — not financial advice

Data Source

Census Bureau, Tax Foundation, SSA

View Original Source | Verified 2024-12-01 | Updated annually

Frequently Asked Questions

Is Ohio a good state to retire in?

Ohio has relatively low taxes, making it favorable for retirees. Cost of living is near the national average. Median home price: $205,000.

How much do I need to retire in Ohio?

Using the 4% rule, to generate $3,909/month (80% of Ohio median income) you'd need approximately $1,172,840 saved. Adjust up or down based on your lifestyle and housing costs.