Lordstown, OH vs Oakwood, OH

There is a significant gap in the cost of living between these two cities. Lordstown is 28.1% cheaper than Oakwood. With a cost index of 73 vs 101, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Lordstown to Oakwood should plan for substantially higher expenses across most categories.

On the housing front, median rent in Lordstown is $968/month compared to $1,320/month in Oakwood — a 27% difference. Home values follow the same pattern: Lordstown is more affordable at $161,900 median vs $350,100.

Median household income in Lordstown is $64,503 compared to $158,968 in Oakwood (-59.4%). 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 Lordstown spend roughly 18% of their income on rent, more than the 10% in Oakwood.