Shaker Heights, OH Cost Of Living

Demographics | Cost Of Living
Updated: 2023-11-15

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 103, with 100 being the average.

  • The cost of living index in Shaker Heights is 1.0x higher than the national average.

  • Shaker Heights ranks as the #250 cheapest in Ohio out of 286.

  • Shaker Heights ranks as the #3,487 cheapest out of 6,412 in the US.

  • The median home value in Shaker Heights is $252,100.

  • The median income in Shaker Heights is $92,463.

Table Of Contents

  1. Summary
  2. National Comparison
  3. Housing Breakdown
  4. Detailed Pricing
  5. Nearby Comparisons
103
Shaker Heights's Overall Cost Of Living
1.0x
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 103, which is 1.0x 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 91.

The standard of living in Shaker Heights ranks as #250 most affordable out of the 286 places we measured in Ohio. By definition, that implies Shaker Heights ranks as the #36 most expensive place in the Buckeye State.

For more reading on life in Shaker Heights, check out:

250 out of 286
In Ohio
3,487 out of 6,412
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 103.

  • The Groceries index in Shaker Heights is 106.

  • The Health index in Shaker Heights is 110.

  • The Housing index in Shaker Heights is 112.

  • The Transportation index in Shaker Heights is 102.

  • The Utilities index in Shaker Heights is 97.

Living Expense Shaker Heights Ohio National Average
Overall 103 91 100
Services 103 98 100
Groceries 106 101 100
Health 110 95 100
Housing 112 73 100
Transportation 102 98 100
Utilities 97 93 100
For more reading on cost of living around Ohio, check out:
Shaker Heights Cost of Living Vs. OH

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 2017-2021. The key points are:

  • The Median Home Value in Shaker Heights is $252,100.

  • The Median Rent in Shaker Heights is $1,024.

  • The Median Income in Shaker Heights is $92,463.

  • The Home Value To Income in Shaker Heights is 2.7x.

  • The Rent To Monthly Income in Shaker Heights is 0.13x.

Statistic Shaker Heights Ohio United States
Median Home Value $252,100 $159,900 $244,900
Median Rent $1,024 $870 $1,163
Median Income $92,463 $61,938 $69,021
Home Value To Income 2.7x 2.6x 3.5x
Rent To Monthly Income 0.13x 0.17x 0.2x
Search Homes For Sale In Shaker Heights, OH
$252,100
Median Home Value
$1,024
Median Rent
$92,463
Median Income

Shaker Heights, OH Costs By Category

Detailed Shaker Heights Services Costs Vs. Ohio

Item Shaker Heights Ohio
Shampoo $1.08 $1.06
Movie $11.87 $10.68
Bowling $16.87 $14.67
Haircut $18.34 $18.62
Beauty Salon $31.4 $39.05

Detailed Shaker Heights Groceries Costs Vs. Ohio

Item Shaker Heights Ohio
Ground Beef $5.31 $4.22
Fried Chicken $1.83 $1.39
Milk $1.55 $2.05
Potatoes $3.19 $3.29
Pizza $11.49 $10.62
Beer $9.17 $9.38
Toothpaste $2.65 $2.34

Detailed Shaker Heights Health Costs Vs. Ohio

Item Shaker Heights Ohio
Optometrist $86.0 $108.57
Doctor $121.47 $116.17
Dentist $119.67 $99.13

Detailed Shaker Heights Transportation Costs Vs. Ohio

Item Shaker Heights Ohio
Gasoline $2.25 $2.22
Tire Balancing $47.56 $50.07

Detailed Shaker Heights Utilities Costs Vs. Ohio

Item Shaker Heights Ohio
All Electricity $154.37 $167.67
Phone $180.6 $175.64

Shaker Heights SnackAbility

7.5
/10
Overall SnackAbility
Jobs
8/10
Housing
8
Affordability
8.5
Diversity
9
Safety
N/A
Amenities
9.5
Education
9.5
Commute
8

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 99, 1.0x 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 109, 1.1x Shaker Heights.

City Population Cost Of Living Vs. Shaker Heights
Strongsville, OH 46,187 99 1.0x
Cleveland Heights, OH 45,267 92 0.9x
Westlake, OH 34,049 109 1.1x
North Olmsted, OH 32,371 96 0.9x
Solon, OH 24,070 114 1.1x
Hudson, OH 23,001 124 1.2x
South Euclid, OH 21,882 92 0.9x
Rocky River, OH 21,515 102 1.0x
Broadview Heights, OH 19,820 104 1.0x
East Cleveland, OH 14,212 84 0.8x

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