Shaker Heights, OH Cost Of Living
Cost Of Living In Shaker Heights, OH Summary
Cost of living in Shaker Heights research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means Shaker Heights is expensive. An index value below 100 means the city is a relatively cheap place to live.
On a city-by-city basis in Ohio, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:
The cost of living index in Shaker Heights is 106, with 100 being the average.
The cost of living index in Shaker Heights is 1.1x higher than the national average.
Shaker Heights ranks as the #246 cheapest in Ohio out of 289.
Shaker Heights ranks as the #3,278 cheapest out of 6,489 in the US.
The median home value in Shaker Heights is $338,182.
The median income in Shaker Heights is $97,721.
Table Of Contents
Shaker Heights's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Shaker Heights, OH?
According to the most recent data on the cost of living, Shaker Heights has an overall cost of living index of 106, which is 1.1x higher than the national index of 100.
Compared to Ohio, Shaker Heights has a cost of living index that's 1.1x higher than Ohio's index of 93.
The standard of living in Shaker Heights ranks as #246 most affordable out of the 289 places we measured in Ohio. By definition, that implies Shaker Heights ranks as the #43 most expensive place in the Buckeye State.
For more reading on life in Shaker Heights, check out:
In Ohio
In America
Shaker Heights Cost Of Living Vs. Ohio
Six factors go into calculating the cost of living index in Shaker Heights. Here is how it fairs on each of the criteria:
The Services index in Shaker Heights is 90.
The Groceries index in Shaker Heights is 102.
The Health index in Shaker Heights is 96.
The Housing index in Shaker Heights is 126.
The Transportation index in Shaker Heights is 98.
The Utilities index in Shaker Heights is 103.
| Living Expense | Shaker Heights | Ohio | National Average | |
|---|---|---|---|---|
| Overall | 106 | 93 | 100 | |
| Services | 90 | 101 | 100 | |
| Groceries | 102 | 103 | 100 | |
| Health | 96 | 97 | 100 | |
| Housing | 126 | 74 | 100 | |
| Transportation | 98 | 102 | 100 | |
| Utilities | 103 | 100 | 100 | |
Shaker Heights, 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 2019-2023. The key points are:
The Median Home Value in Shaker Heights is $338,182.
The Median Rent in Shaker Heights is $1,149.
The Median Income in Shaker Heights is $97,721.
The Home Value To Income in Shaker Heights is 3.5x.
The Rent To Monthly Income in Shaker Heights is 0.14x.
| Statistic | Shaker Heights | Ohio | United States |
|---|---|---|---|
| Median Home Value | $338,182 | $240,287 | $303,400 |
| Median Rent | $1,149 | $988 | $1,348 |
| Median Income | $97,721 | $69,680 | $78,538 |
| Home Value To Income | 3.5x | 3.4x | 3.9x |
| Rent To Monthly Income | 0.14x | 0.17x | 0.21x |
Median Home Value
Median Rent
Median Income
Shaker Heights, OH Costs By Category
Detailed Shaker Heights Services Costs Vs. Ohio
| Item | Shaker Heights | Ohio |
|---|---|---|
| Shampoo | $1.45 | $1.28 |
| Movie | $11.6 | $12.13 |
| Bowling | $18.27 | $18 |
| Haircut | $23.67 | $24.26 |
| Beauty Salon | $35.31 | $45.56 |
Detailed Shaker Heights Groceries Costs Vs. Ohio
| Item | Shaker Heights | Ohio |
|---|---|---|
| Ground Beef | $5.46 | $5.84 |
| Fried Chicken | $1.39 | $1.57 |
| Milk | $4.57 | $4.67 |
| Potatoes | $5.38 | $4.93 |
| Pizza | $9.98 | $12.09 |
| Beer | $10.51 | $10.41 |
| Toothpaste | $3.68 | $3.7 |
Detailed Shaker Heights Health Costs Vs. Ohio
| Item | Shaker Heights | Ohio |
|---|---|---|
| Optometrist | $103.58 | $125.68 |
| Doctor | $119.67 | $135.78 |
| Dentist | $109.73 | $113.29 |
Detailed Shaker Heights Transportation Costs Vs. Ohio
| Item | Shaker Heights | Ohio |
|---|---|---|
| Gasoline | $3.41 | $3.46 |
| Tire Balancing | $57.76 | $59.92 |
Detailed Shaker Heights Utilities Costs Vs. Ohio
| Item | Shaker Heights | Ohio |
|---|---|---|
| All Electricity | $205.88 | $193.99 |
| Phone | $186.78 | $192.25 |
Shaker Heights SnackAbility
/10
Cost Of Living In Cities Around Shaker Heights
The cost of living varies in the cities and towns around Shaker Heights. Here's a quick look at the cost of living in the most populous nearby places:
Strongsville, OH has a cost of living index of 100, 0.9x Shaker Heights.
Cleveland Heights, OH has a cost of living index of 92, 0.9x Shaker Heights.
Westlake, OH has a cost of living index of 110, 1.0x Shaker Heights.
| City | Population | Cost Of Living | Vs. Shaker Heights |
|---|---|---|---|
| Strongsville, OH | 46,022 | 100 | 0.9x |
| Cleveland Heights, OH | 44,694 | 92 | 0.9x |
| Westlake, OH | 34,036 | 110 | 1.0x |
| North Olmsted, OH | 32,031 | 96 | 0.9x |
| Solon, OH | 23,970 | 113 | 1.1x |
| Hudson, OH | 23,007 | 125 | 1.2x |
| South Euclid, OH | 21,606 | 91 | 0.9x |
| Rocky River, OH | 21,490 | 106 | 1.0x |
| Broadview Heights, OH | 19,768 | 104 | 1.0x |
| Lyndhurst, OH | 13,854 | 95 | 0.9x |
