What is the cost of living in Sheffield Lake, OH?
According to the most recent data on the cost of living, Sheffield Lake has an overall cost of living index of 86, which is 0.9x lower than the national index of 100.
Compared to Ohio, Sheffield Lake has a cost of living index that's 1.0x lower than Ohio's index of 90.
The standard of living in Sheffield Lake ranks as #66 most affordable out of the 284 places we measured in Ohio. By definition, that implies Sheffield Lake ranks as the #218 most expensive place in the Buckeye State.
For more reading on life in Sheffield Lake, check out:
Sheffield Lake Cost Of Living Vs. Ohio
Six factors go into calculating the cost of living index in Sheffield Lake. Here is how it fares on each of the criteria:
The Services index in Sheffield Lake is 95.
The Groceries index in Sheffield Lake is 94.
The Health index in Sheffield Lake is 69.
The Housing index in Sheffield Lake is 98.
The Transportation index in Sheffield Lake is 96.
The Utilities index in Sheffield Lake is 96.
| Living Expense | Sheffield Lake | Ohio | National Average |
|---|---|---|---|
| Overall | 86 | 90 | 100 |
| Services | 95 | 97 | 100 |
| Groceries | 94 | 97 | 100 |
| Health | 69 | 75 | 100 |
| Housing | 98 | 97 | 100 |
| Transportation | 96 | 95 | 100 |
| Utilities | 96 | 97 | 100 |
Sheffield Lake 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 Sheffield Lake Get matched →Source: Cost-of-living index 2026, normalized to US average = 100
Sheffield Lake, 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 Sheffield Lake is $203,338.
The Median Rent in Sheffield Lake is $1,054.
The Median Income in Sheffield Lake is $69,632.
The Home Value To Income in Sheffield Lake is 2.9x.
The Rent To Monthly Income in Sheffield Lake is 0.18x.
| Statistic | Sheffield Lake | Ohio | United States |
|---|---|---|---|
| Median Home Value | $203,338 | $242,141 | $332,700 |
| Median Rent | $1,054 | $1,034 | $1,413 |
| Median Income | $69,632 | $71,389 | $80,734 |
| Home Value To Income | 2.9x | 3.4x | 4.1x |
| Rent To Monthly Income | 0.18x | 0.17x | 0.21x |
Sheffield Lake, OH Costs By Category
Detailed Sheffield Lake Services costs vs. Ohio
| Item | Sheffield Lake | 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 Sheffield Lake Groceries costs vs. Ohio
| Item | Sheffield Lake | 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 Sheffield Lake Health costs vs. Ohio
| Item | Sheffield Lake | Ohio |
|---|---|---|
| Optometrist | $103.58 | $125.68 |
| Doctor | $119.67 | $135.78 |
| Dentist | $109.73 | $113.29 |
Detailed Sheffield Lake Transportation costs vs. Ohio
| Item | Sheffield Lake | Ohio |
|---|---|---|
| Gasoline | $3.41 | $3.46 |
| Tire Balancing | $57.76 | $59.92 |
Detailed Sheffield Lake Utilities costs vs. Ohio
| Item | Sheffield Lake | Ohio |
|---|---|---|
| All Electricity | $205.88 | $193.99 |
| Phone | $186.78 | $192.25 |
Sheffield Lake SnackAbility
Cost Of Living In Cities Around Sheffield Lake
The cost of living varies in the cities and towns around Sheffield Lake. Here's a quick look at the cost of living in the most populous nearby places:
Lorain, OH has a cost of living index of 82, 1.0x Sheffield Lake.
Elyria, OH has a cost of living index of 87, 1.0x Sheffield Lake.
Lakewood, OH has a cost of living index of 94, 1.1x Sheffield Lake.
| City | Population | Cost Of Living | Vs. Sheffield Lake |
|---|---|---|---|
| Lorain, OH | 65,395 | 82 | 1.0x |
| Elyria, OH | 53,035 | 87 | 1.0x |
| Lakewood, OH | 50,007 | 94 | 1.1x |
| Strongsville, OH | 45,983 | 101 | 1.2x |
| North Ridgeville, OH | 36,627 | 100 | 1.2x |
| Westlake, OH | 34,104 | 110 | 1.3x |
| North Olmsted, OH | 31,924 | 96 | 1.1x |
| Avon Lake, OH | 25,752 | 110 | 1.3x |
| Avon, OH | 25,317 | 114 | 1.3x |
| Rocky River, OH | 21,490 | 108 | 1.3x |
