Elyria, OH vs Shaker Heights, OH

There is a significant gap in the cost of living between these two cities. Elyria is 22.8% cheaper than Shaker Heights. With a cost index of 70 vs 91, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Elyria to Shaker Heights should plan for substantially higher expenses across most categories.

On the housing front, median rent in Elyria is $859/month compared to $1,149/month in Shaker Heights — a 25% difference. Home values follow the same pattern: Elyria is more affordable at $142,800 median vs $288,000.

Median household income in Elyria is $53,204 compared to $97,721 in Shaker Heights (-45.6%). While Shaker Heights is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Elyria spend roughly 19.4% of their income on rent, more than the 14.1% in Shaker Heights.