Jefferson, OH vs Oakwood, OH

There is a significant gap in the cost of living between these two cities. Jefferson is 23.7% cheaper than Oakwood. With a cost index of 77 vs 101, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Jefferson to Oakwood should plan for substantially higher expenses across most categories.

On the housing front, median rent in Jefferson is $958/month compared to $1,320/month in Oakwood — a 27% difference. Home values follow the same pattern: Jefferson is more affordable at $189,500 median vs $350,100.

Median household income in Jefferson is $47,469 compared to $158,968 in Oakwood (-70.1%). While Oakwood is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Jefferson spend roughly 24.2% of their income on rent, more than the 10% in Oakwood.