Kent, OH vs Oakwood, OH

There is a significant gap in the cost of living between these two cities. Kent is 21.2% cheaper than Oakwood. With a cost index of 80 vs 101, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Kent to Oakwood should plan for substantially higher expenses across most categories.

On the housing front, median rent in Kent is $983/month compared to $1,320/month in Oakwood — a 26% difference. Home values follow the same pattern: Kent is more affordable at $210,700 median vs $350,100.

Median household income in Kent is $42,524 compared to $158,968 in Oakwood (-73.2%). 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 Kent spend roughly 27.7% of their income on rent, more than the 10% in Oakwood.