Bethesda, OH vs Oakwood village (Cuyahoga County), OH
There is a significant gap in the cost of living between these two cities. Bethesda is 19.2% cheaper than Oakwood village (Cuyahoga County). With a cost index of 62 vs 76, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Bethesda to Oakwood village (Cuyahoga County) should plan for substantially higher expenses across most categories.
On the housing front, median rent in Bethesda is $739/month compared to $975/month in Oakwood village (Cuyahoga County) — a 24% difference. Home values follow the same pattern: Bethesda is more affordable at $98,800 median vs $172,600.
Median household income in Bethesda is $33,606 compared to $65,038 in Oakwood village (Cuyahoga County) (-48.3%). While Oakwood village (Cuyahoga County) is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Bethesda spend roughly 26.4% of their income on rent, more than the 18% in Oakwood village (Cuyahoga County).
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