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Cadiz, OH vs Sheffield Lake, OH

64
Cadiz
Ohio
VS
-16.1%
76
Sheffield Lake
Ohio

There is a significant gap in the cost of living between these two cities. Cadiz is 16.1% cheaper than Sheffield Lake. With a cost index of 64 vs 76, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Cadiz to Sheffield Lake should plan for substantially higher expenses across most categories.

On the housing front, median rent in Cadiz is $762/month compared to $1,014/month in Sheffield Lake — a 25% difference. Home values follow the same pattern: Cadiz is more affordable at $115,200 median vs $153,400.

Median household income in Cadiz is $38,417 compared to $62,065 in Sheffield Lake (-38.1%). While Sheffield Lake is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Cadiz spend roughly 23.8% of their income on rent, more than the 19.6% in Sheffield Lake.

Income & Cost

Cost of Living Index
Cadiz
64
16% cheaper
Sheffield Lake
76
Median Household Income
Cadiz
$38,417
Sheffield Lake
$62,065
38% higher

Housing

Median Rent
Cadiz
$762
25% cheaper
Sheffield Lake
$1,014
Median Home Value
Cadiz
$115,200
25% cheaper
Sheffield Lake
$153,400
Population
Cadiz
3,015
Sheffield Lake
8,946

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Cadiz $2.94
Sheffield Lake $2.89
US $3.07
🥚
Eggs (grade A, large)
Cadiz $2.40
Sheffield Lake $2.35
US $2.50
🥛
Milk (whole)
Cadiz $3.86
Sheffield Lake $3.79
US $4.03
🍞
Bread (white)
Cadiz $1.77
Sheffield Lake $1.74
US $1.85
🍗
Chicken breast
Cadiz $3.97
Sheffield Lake $3.90
US $4.14
Electricity
Cadiz $0.17
Sheffield Lake $0.17
US $0.19