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Carrollton, OH vs Sheffield Lake, OH

64
Carrollton
Ohio
VS
-15.2%
76
Sheffield Lake
Ohio

There is a significant gap in the cost of living between these two cities. Carrollton is 15.2% 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 Carrollton to Sheffield Lake should plan for substantially higher expenses across most categories.

On the housing front, median rent in Carrollton is $748/month compared to $1,014/month in Sheffield Lake — a 26% difference. Home values follow the same pattern: Carrollton is more affordable at $129,400 median vs $153,400.

Median household income in Carrollton is $65,755 compared to $62,065 in Sheffield Lake (+5.9%). Carrollton offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Carrollton spend roughly 13.7% of their income on rent, less than the 19.6% in Sheffield Lake.

Income & Cost

Cost of Living Index
Carrollton
64
15% cheaper
Sheffield Lake
76
Median Household Income
Carrollton
$65,755
6% higher
Sheffield Lake
$62,065

Housing

Median Rent
Carrollton
$748
26% cheaper
Sheffield Lake
$1,014
Median Home Value
Carrollton
$129,400
16% cheaper
Sheffield Lake
$153,400
Population
Carrollton
3,073
Sheffield Lake
8,946

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

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