According to the most recent data on the cost of living, Sheffield Lake has an overall cost of living index of 92 which is 0.9x lower than the national index of 100.
Compared to only Ohio, Sheffield Lake has a cost of living index that's 1.0x higher than Ohio's index of 91.
The standard of living in Sheffield Lake ranks as #2060 most affordable out of the 6522 places we measured in Ohio. By definition, that implies Sheffield Lake ranks as the #4346 most expensive place in the Buckeye State.
|Living Expense||Sheffield Lake||Ohio||National Average|
Housing swings affordability the most between places in Ohio, so we broke down the statistics around housing costs into more detail. It's also important to consider median household incomes to make apples-to-apples comparisons across locations.
Home and income come data comes from the most recent US Census ACS 2014-2018.
|City||Population||Cost Of Living||Vs. Sheffield Lake||Lorain, OH||63,773||87||0.9x||Elyria, OH||53,910||89||1.0x||Lakewood, OH||50,553||93||1.0x||Strongsville, OH||44,752||102||1.1x||North Ridgeville, OH||32,954||99||1.1x||Westlake, OH||32,378||108||1.2x||North Olmsted, OH||31,888||96||1.0x||Avon Lake, OH||23,777||107||1.2x||Avon, OH||22,786||112||1.2x||Rocky River, OH||20,310||104||1.1x|