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Lorain, OH vs Wooster, OH

68
Lorain
Ohio
VS
-9.4%
75
Wooster
Ohio

Lorain is moderately more affordable than Wooster, with a 9.4% lower cost of living index. Lorain scores 68 compared to 75 for Wooster, where the US average is 100. This difference means residents of Wooster can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Lorain is $839/month compared to $882/month in Wooster — a 5% difference. Home values follow the same pattern: Lorain is more affordable at $123,500 median vs $198,400.

Median household income in Lorain is $45,799 compared to $65,888 in Wooster (-30.5%). While Wooster is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Lorain spend roughly 22% of their income on rent, more than the 16.1% in Wooster.

Income & Cost

Cost of Living Index
Lorain
68
9% cheaper
Wooster
75
Median Household Income
Lorain
$45,799
Wooster
$65,888
30% higher

Housing

Median Rent
Lorain
$839
5% cheaper
Wooster
$882
Median Home Value
Lorain
$123,500
38% cheaper
Wooster
$198,400
Population
Lorain
65,207
Wooster
27,012

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

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