What is the cost of living in Beachwood, OH?
According to the most recent data on the cost of living, Beachwood has an overall cost of living index of 119, which is 1.2x higher than the national index of 100.
Compared to Ohio, Beachwood has a cost of living index that's 1.3x higher than Ohio's index of 90.
The standard of living in Beachwood ranks as #271 most affordable out of the 284 places we measured in Ohio. By definition, that implies Beachwood ranks as the #13 most expensive place in the Buckeye State.
For more reading on life in Beachwood, check out:
Beachwood Cost Of Living Vs. Ohio
Six factors go into calculating the cost of living index in Beachwood. Here is how it fares on each of the criteria:
The Services index in Beachwood is 97.
The Groceries index in Beachwood is 96.
The Health index in Beachwood is 171.
The Housing index in Beachwood is 94.
The Transportation index in Beachwood is 95.
The Utilities index in Beachwood is 95.
| Living Expense | Beachwood | Ohio | National Average |
|---|---|---|---|
| Overall | 119 | 90 | 100 |
| Services | 97 | 97 | 100 |
| Groceries | 96 | 97 | 100 |
| Health | 171 | 75 | 100 |
| Housing | 94 | 97 | 100 |
| Transportation | 95 | 95 | 100 |
| Utilities | 95 | 97 | 100 |
Beachwood Cost Of Living Compared To Ohio Averages
Index where 100 = national average. Source: cost-of-living index 2026.
For more reading on cost of living around Ohio, check out:
Protect your home budget Compare home warranties in Beachwood Get matched →Source: Cost-of-living index 2026, normalized to US average = 100
Beachwood, OH Housing Cost Breakdown
Housing swings affordability the most between places in Ohio, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2020-2024. The key points are:
The Median Home Value in Beachwood is $483,433.
The Median Rent in Beachwood is $2,047.
The Median Income in Beachwood is $106,748.
The Home Value To Income in Beachwood is 4.5x.
The Rent To Monthly Income in Beachwood is 0.23x.
Beachwood, OH Costs By Category
Detailed Beachwood Services costs vs. Ohio
Detailed Beachwood Groceries costs vs. Ohio
Detailed Beachwood Health costs vs. Ohio
Detailed Beachwood Transportation costs vs. Ohio
Beachwood SnackAbility
Cost Of Living In Cities Around Beachwood
The cost of living varies in the cities and towns around Beachwood. Here's a quick look at the cost of living in the most populous nearby places:
Shaker Heights, OH has a cost of living index of 103, 0.9x Beachwood.
Solon, OH has a cost of living index of 114, 1.0x Beachwood.
Hudson, OH has a cost of living index of 130, 1.1x Beachwood.
| City | Population | Cost Of Living | Vs. Beachwood |
|---|---|---|---|
| Shaker Heights, OH | 28,922 | 103 | 0.9x |
| Solon, OH | 23,943 | 114 | 1.0x |
| Hudson, OH | 23,039 | 130 | 1.1x |
| South Euclid, OH | 21,534 | 91 | 0.8x |
| Rocky River, OH | 21,490 | 108 | 0.9x |
| Broadview Heights, OH | 19,771 | 101 | 0.8x |
| Lyndhurst, OH | 13,801 | 98 | 0.8x |
| Warrensville Heights, OH | 13,545 | 83 | 0.7x |
| University Heights, OH | 13,394 | 99 | 0.8x |
| Macedonia, OH | 12,152 | 103 | 0.9x |
