Louisville, OH vs Sherwood, OH

Louisville is moderately more affordable than Sherwood, with a 8.3% lower cost of living index. Louisville scores 72 compared to 79 for Sherwood, where the US average is 100. This difference means residents of Sherwood can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Louisville is $842/month compared to $774/month in Sherwood — a 9% difference. Interestingly, home values tell a different story: while Sherwood has cheaper rent, Louisville actually has lower median home values ($192,700 vs $273,900).

Median household income in Louisville is $58,269 compared to $132,653 in Sherwood (-56.1%). While Sherwood is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Louisville spend roughly 17.3% of their income on rent, more than the 7% in Sherwood.